Country classifications The term 4th World was coined by Manuel Castells to refer to black holes of social exclusion. 4th World is deliberatively opposed to 1st World, 2nd World and 3rd World, all of which imply a certain degree of connectivity. This connectivity is what is notably absent in the notion 4th World. ...more on Wikipedia about "4th World"
A developed country is a nation that enjoys a relatively high standard of living through a strong high-technology diversified economy. Most countries with a high per capita gross domestic product (GDP) are considered developed countries. Some countries, however, have achieved a (usually temporarily) high GDP through natural resource exploitation (e.g., Nauru through phosphate extraction) without developing the diverse industrial and service-based economy necessary for "developed" status. ...more on Wikipedia about "Developed country"
In investing, developed markets are those countries that are thought to be the most developed and therefore less risky. ...more on Wikipedia about "Developed market"
A developing country is a country with a low income average, a relatively undeveloped infrastructure and a lower Human Development Index rating when compared to the global norm. The term has tended to edge out earlier ones, including the Cold War-defined " Third World". ...more on Wikipedia about "Developing country"
The East Asian Tigers, also known as Asia's Four Little Dragons ( Simplified Chinese: 亚洲四小龙, Traditional Chinese: 亞洲四小龍; Pinyin: Yǎ Zhōu Sì Xiǎo Lóng) ("dragon" being a reference to China in Chinese culture), refers to the economies of Hong Kong, Singapore, South Korea and Taiwan. These territories and nations were noted for maintaining high growth rates and rapid industrialization between the early 1960s and 1990s. ...more on Wikipedia about "East Asian Tigers"
The term emerging markets is commonly used to describe business and market activity in industrializing or emerging regions of the world. It is sometimes loosely used as a replacement for emerging economies, but really signifies a business phenomenon that is not fully described by or constrained to geography or economic strength; such countries are considered to be in a transitional phase between developing and developed status. Examples of emerging markets include China, India, South Korea, Brazil, Malaysia, countries in Eastern Europe, and parts of Africa. ...more on Wikipedia about "Emerging markets"
The terms First World, Second World, and Third World were used to divide the nations of Earth into three broad categories. The three terms did not arise simultaneously. After World War II, people began to speak of the NATO and Warsaw Pact countries as two major blocs, often using such terms as the " Western bloc" and the " Eastern bloc." The two "worlds" were not numbered. It was eventually pointed out that there were a great many countries that fit into neither category, and in the 1950s this latter group came to be called the Third World. It then began to seem that there ought to be a "First World" and a "Second World" (see Third World for a fuller treatment of the history of the terms). ...more on Wikipedia about "First World" It's my shortopedia!
The category of least developed countries (LDCs) is a social/economic classification status applied to around 50 countries around the world by political scientists and economists through the United Nations. They are sometimes referred to as the Fourth World. The least developed country in the world is East Timor. ...more on Wikipedia about "Least developed countries"
This is a list of the countries of the world by continent, displayed with their national flags and capitals. It contains sovereign states, dependent territories and special entities recognized by international treaty or agreement (but does not contain generally unrecognized but de facto independent states). ...more on Wikipedia about "List of countries by continent"
"The New World" is one of the names used for the American continents and adjacent islands collectively, since the 16th century. The Americas were at that time new to the Europeans, who previously thought of the world as consisting only of Europe, Asia, and Africa--the Old World. The term "New World" should not be confused with "modern world"; the latter generally refers to a historical period, not a landmass. ...more on Wikipedia about "New World"
The category of Newly industrializing countries (NICs) is a social/economic classification status applied to several countries around the world by political scientists and economists. ...more on Wikipedia about "Newly industrialized countries"
Oceania is a geographical (often geopolitical) region consisting of numerous countries and territories – mostly islands – in the Pacific Ocean. The exact scope of Oceania is controversial, with varying interpretations including East Timor, Australia, New Zealand, or none of these. ...more on Wikipedia about "Oceania"
The Old World consists of those parts of Earth known to Europeans before the voyages of Christopher Columbus: Europe, Asia, and Africa (collectively known as Africa-Eurasia) and the surrounding islands. ...more on Wikipedia about "Old World"
The Pacific Rim is a political and economic term used to designate the countries on the edges of the Pacific Ocean as well as the various island nations within the region. Tokyo is possibly the most important commercial and cultural capital of the Pacific Rim. Other centres are Shanghai, Hong Kong, Singapore, Kuala Lumpur, Seoul, Los Angeles, Vancouver and Sydney. Honolulu is the headquarters of various intergovernmental and non-governmental organizations of the Pacific Rim including the East-West Center and RIMPAC. ...more on Wikipedia about "Pacific Rim"
The terms First World, Second World and Third World can be used to divide the nations of Earth into three broad categories. The term Second World has largely fallen out of use because the circumstances to which it referred largely ended with the 1991 collapse of the Soviet Union. ...more on Wikipedia about "Second World"
Western Hemisphere (capitalised) is a geopolitical term for the Americas and associated islands, derived from the geographical term western hemisphere, which is the half of the Earth that lies west of the prime meridian. However, usage has shifted so that the term generally refers collectively to the Americas, including associated islands like the Caribbean and Greenland. It is also used in a more demographic sense, for the people (and governments and nations) inhabiting these areas. The main difference between the geographical and geopolitical meanings is the exclusion of parts of Africa, Europe, Antarctica, and the eastern tip of Asia. ...more on Wikipedia about "Western Hemisphere"
The term Western world or "the West" can have multiple meanings depending on its context. Originally defined as Western Europe, most modern uses of the term refer to the societies of Western and Central Europe and their close genealogical, linguistic, and philosophical colonial descendants, typically included are those countries whose ethnic identity and dominant culture are derived from European culture. ...more on Wikipedia about "Western world"
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