Challenges Facing the Developing Countries

Chapter36W 3/24/04 1:46 PM Page 1. CHAPTER 36W. Challenges Facing the Developing Countries L LEARNING OBJECTIVES. 1 Describe the extent of world income inequality. 2 Explain some of the main Challenges Facing Developing Countries . 3 Define the view of development known as the Washington Consensus.. 4 Outline the current debates about development policies. In the comfortable urban life of today's developed Countries , most people have lost sight of the fact that a short time ago very short in terms of the life span of the earth peo- ple were nomadic food gatherers, garnering an existence as best they could from what nature threw their way.

The richest countries with the highest per capita incomes are referred to by the United Nations as developed countries.These include the United States, Canada, most of the countries of Western Europe, South Africa, Australia, New Zealand, Japan, and a few others. The poorer states are referred to by the UN as the developing countries and

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