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Developing country
DEVELOPING COUNTRY

Definition: Poor or nonindustrial country that is trying to develop its resources by industrialization.
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* All nine elements should be in.


1. Its budget and national economic policies and plans will reflect priority placed on entrepreneurship connected to industrialization.

2. The sector connected with real growth and equities market, etc. will be run and/or constantly monitored by very strict professionals.

3. Readily cooperates (aligns) with and willingly learns (copies) from the other advanced or developed friendly industrialized nations.

4. Her approach to industrialization will not create other serious problems such as unemployment resulting in social disequilibrium.

5. The government or its governance structure will not fritter away the gains that will accrue from the attempts to industrialize.

6. Methods adopted or policies being executed will be modern and civilized; industrial complexes, labour relations, etc. will be A-OK.

7. The speed or rate of 'growth' will be manageable. That is, will not be 'over rapid' and development indices not dramatic in any way.

8. Will be internally stable and at peace with its neighbour(s) - no war preparation or mobilization or sustained national strikes.

9. Growth will continue for as long as country remains an indivisible nation, whatever the challenges that the efforts may entail.
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... wow!, STEADILY ADVANCING.



1. See perfect BENCHMARKING.

2. See perfect QUALITY CONTROL.

3. See perfect DAMAGE LIMITATION.

4. See perfect GOOD GOVERNANCE.

5. See perfect CRYING SHAME.

6. See perfect CUTTING EDGE.

7. See perfect BOOM-BUST CYCLE.

8. See perfect INWARD INVESTMENT.

9. See perfect INDUSTRIALIZATION.



Quote: "A developing nation that does not in fact develop simply cannot remain "secure". It cannot remain secure for the intractable reason that its own citizenry cannot shed its human nature". - Robert S. McNamara.

Quote: "No country can ever truly flourish if it stifles the potential of its women and deprives itself of the contributions of half of its citizens". - Michelle Obama.

Quote: "Depression is not a sign of weakness; it means you have been strong for far too long". - Sigmund Freud.

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