POL 100 Lecture Notes - Lecture 10: Deng Xiaoping, Sustainable Development, Territorial Integrity
Document Summary
Ldcs: countries that may be characterized by the following: Less developed countries low levels of per-capita income: high inflation and debt large trade deficits low levels of socioeconomic development lack of industrialization, undeveloped financial/legal systems. Poorer economics with potential for future growth eg. China, mexico, india (cid:498)nomenclature(cid:499) (cid:498)third world(cid:499): largely cold war categorization of less developed nations that are not part of a. South: categorization of less developed nations that are not part of a structurally integrated structurally integrated system of global capitalism. + brazil, india, russia, south africa, china system of global capitalism. Once considered largely in economic terms; now political and social elements are considered. More than just how much a country earns, but also security and freedom, laws and openness in society. In recent decades, more attention to levels of democracy in developing countries: legitimacy, justice, order. For many ldcs, inextricably tied to legacy of colonialism.