ECONOMIC GROWTH: A COMPELLING MOTIVE TO DEPENDENCY
“Is Third World dependency on First World development, practices, and funding avoidable?”
By Michael John A. San Roque
Dr. Ma. Elena Chiong-Javier
October 9, 2012
Countries of the world have been sharply divided along development. Countries that are economically buoyant, technologically advanced, and politically stable are termed ‘Developed Countries’ or ‘First World’. On the other hand, countries that are technically and economically backward and are world market’s suppliers of primary commodities are tagged ‘Developing Countries’ or commonly referred to as ‘Third World’ (Aluko & Arowolo, 2010). During the post-world war and until now, Third World countries depend greatly on First World in order to restore and improve their agricultural, technological, political, and economic conditions which are apparently known as development (Patterson, 1999). This development has connoted at least one thing: to escape from the undignified condition called underdevelopment (Esteva, 1992). No country would say that she doesn’t want development to occur in her lands. Third World countries are “nothing that wants to be something”. It is, therefore, proper to say that Third World dependency on First World development, practices, and funding is not avoidable.
This paper would present the evidences that would support the above notion. The evidences are based on the inevitable support given by Developed Countries in the form of foreign aid, technological, political, and economic advancement that the needy countries lack.
Foreign aid has become a focus and locus in the Third World. The Developing Countries are experiencing the different facets of development problems. First World countries offer aid through investment in the economy of the needy countries, loans, infrastructural development, funding of poverty-reduction programs, and also through supply of...
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