Underdevelopment
Concept in international economics, associated with lesser well-being / From Wikipedia, the free encyclopedia
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Underdevelopment, in the context of international development, reflects a broad condition or phenomena defined and critiqued by theorists in fields such as economics, development studies, and postcolonial studies. Used primarily to distinguish states along benchmarks concerning human development—such as macro-economic growth, health, education, and standards of living—an "underdeveloped" state is framed as the antithesis of a "developed", modern, or industrialized state. Popularized, dominant images of underdeveloped states include those that have less stable economies, less democratic political regimes, greater poverty, malnutrition, and poorer public health and education systems.
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Underdevelopment per Walter Rodney is primarily made of two components, a comparative aspect as well the relationship of exploitation: namely, the exploitation of one country by another.[1][page needed]