Issues of Political and Economic Deveopment
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Political scientists and economists view the issues of political development and the importance of economic development therein in slightly different ways, though each sees a relationship between the political and economic realms and finds indeed that decisions made in the political realm affects economic development, while economic development may help determine what stage of political development a given nation reaches at a given time. The history of economic and political development shows a progression from pre-economic structures to the industrialized and modern economic and political systems of the developed world, often contrasted with what are seen as the more primitive characteristics of the underdeveloped or non-developed worlds still existing today. The distance between the developed and the underdeveloped worlds has been a source of major conflict, and one of the roles for the political scientists is not merely to explain this but to identify elements which can be changed in the underdeveloped world to improve economic conditions, reduce tensions, and bring the underdeveloped regions into the modern and developed world. Heilbroner points out the importance of economic development in any human community, noting first that while mankind does not live by bread alone, bread is an essential ingredient for life. He says that economics is the study of a process found in all human societies, and that the central economic problem is the process for providing for the m
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the Third World, and Gilbert and Gugler (1990) state that the term "Third World" has been much abused in the literature as a reference to the poor countries of the world, those countries often viewed as dependent. Along with other theorists, they find that there may be more than three worlds in existence today, differentiated by a variety of characteristics. They also find that various terms are possible and that the term "Third World" may indicate no meaningful distinction between the First, Second, and Third Worlds. The authors state that their use of the term only reflects current usage as the term used most often to refer to poor countries. The Third World is identified by an arbitrary dividing line based on the inclusion of those countries with a population with a per capita income below $3,000 in 1978 or a life expectancy of less than seventy years. This dividing line includes all the nations of Asia, Africa, Latin America, and the Caribbean but for the exceptions of Israel, Japan, Hong Kong, and Singapore. The authors note that they, unlike other writers on the subject, include several countries usually ascribed to the Second World, such as socialist, centrally planned economies like that of Cuba, the People's Republi
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Approximate Word count = 2534
Approximate Pages = 10 (250 words per page)
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