D
developed countries (DCs)
the top group in the hierarchy of developed countries (DCs), former USSR/Eastern Europe (former USSR/EE), and less developed countries (LDCs); includes the market-oriented economies of the mainly democratic nations in the Organization for Economic Cooperation and Development (OECD), Bermuda, Israel, South Africa, and the European ministates; also known as the First World, high-income countries, the North, industrial countries; generally have a per capita GDP in excess of $15,000 although four OECD countries and South Africa have figures well under $15,000 and eight of the excluded OPEC countries have figures of more than $20,000; the DCs include: Andorra, Australia, Austria, Belgium, Bermuda, Canada, Denmark, Faroe Islands, Finland, France, Germany, Greece, Holy See, Iceland, Ireland, Israel, Italy, Japan, Liechtenstein, Luxembourg, Malta, Monaco, Netherlands, NZ, Norway, Portugal, San Marino, South Africa, Spain, Sweden, Switzerland, Turkey, UK, US; note - similar to the new International Monetary Fund (IMF) term "advanced economies" that adds Hong Kong, South Korea, Singapore, and Taiwan but drops Malta, Mexico, South Africa, and Turkey
developing countries
a term used by the International Monetary Fund (IMF) for the bottom
group in its hierarchy of advanced economies, countries in transition,
and developing countries; IMF statistics include the following 126
developing countries: Afghanistan, Algeria, Angola, Antigua and
Barbuda, Argentina, Aruba, The Bahamas, Bahrain, Bangladesh, Barbados,
Belize, Benin, Bhutan, Bolivia, Botswana, Brazil, Burkina Faso, Burma,
Burundi, Cambodia, Cameroon, Cape Verde, Central African Republic,
Chad, Chile, China, Colombia, Comoros, Democratic Republic of the
Congo, Republic of the Congo, Costa Rica, Cote d'Ivoire, Cyprus,
Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador,
Equatorial Guinea, Ethiopia, Fiji, Gabon, The Gambia, Ghana, Grenada,
Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, India,
Indonesia, Iran, Iraq, Jamaica, Jordan, Kenya, Kiribati, Kuwait, Laos,
Lebanon, Lesotho, Liberia, Libya, Madagascar, Malawi, Malaysia,
Maldives, Mali, Malta, Marshall Islands, Mauritania, Mauritius, Mexico,
Federated States of Micronesia, Morocco, Mozambique, Namibia, Nepal,
Netherlands Antilles, Nicaragua, Niger, Nigeria, Oman, Pakistan,
Panama, Papua New Guinea, Paraguay, Peru, Philippines, Qatar, Rwanda,
Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines,
Samoa, Sao Tome and Principe, Saudi Arabia, Senegal, Seychelles, Sierra
Leone, Solomon Islands, Somalia, South Africa, Sri Lanka, Sudan,
Suriname, Swaziland, Syria, Tanzania, Thailand, Togo, Trinidad and
Tobago, Tunisia, Turkey, UAE, Uganda, Uruguay, Vanuatu, Venezuela,
Vietnam, Yemen, Zambia, Zimbabwe; note - this category would presumably
also cover the following 46 other countries that are traditionally
included in the more comprehensive group of "less developed countries":
American Samoa, Anguilla, British Virgin Islands, Brunei, Cayman
Islands, Christmas Island, Cocos Islands, Cook Islands, Cuba, Eritrea,
Falkland Islands, French Guiana, French Polynesia, Gaza Strip,
Gibraltar, Greenland, Grenada, Guadeloupe, Guam, Guernsey, Isle of Man,
Jersey, North Korea, Macau, Martinique, Mayotte, Montserrat, Nauru, New
Caledonia, Niue, Norfolk Island, Northern Mariana Islands, Palau,
Pitcairn Islands, Puerto Rico, Reunion, Saint Helena, Ascension, and
Tristan da Cunha, Saint Pierre and Miquelon, Tokelau, Tonga, Turks and
Caicos Islands, Tuvalu, Virgin Islands, Wallis and Futuna, West Bank,
Western Sahara
Developing Eight (D-8)
established - 15 June 1997 aim - to improve developing countries' positions in the world economy, diversify and create new opportunities in trade relations, enhance participation in decision-making at the international level, provide better standards of living member - (8) Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, Turkey