centrally planned economies: a term applied mainly to the traditionally Communist states that looked to the former USSR for leadership; most are now evolving toward more democratic and market- oriented systems; also known formerly as the Second World or as as the Communist countries; through the 1980s, this group included Albania, Bulgaria, Cambodia, China, Cuba, Czechoslovakia, GDR, Hungary, North Korea, Laos, Mongolia, Poland, Romania, Serbia and Montenegro, USSR, Vietnam
countries in transition: a term used by the International Monetary Fund (IMF) for the middle group in its hierarchy of advanced economies, countries in transition, and developing countries; IMF statistics include the following 28 countries in transition: Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Georgia, Hungary, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Macedonia, Moldova, Mongolia, Poland, Romania, Russia, Serbia and Montenegro, Slovakia, Slovenia, Tajikistan, Turkmenistan, Ukraine, Uzbekistan; note - this group is identical to the group traditionally referred to as the "former USSR/Eastern Europe" except for the addition of Mongolia
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 $10,000 although four OECD countries and South Africa have figures well under $10,000 and two of the excluded OPEC countries have figures of more than $10,000; the 34 DCs are: 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,
Jersey, North Korea, Macau, Isle of Man, Martinique, Mayotte,
Montserrat, Nauru, New Caledonia, Niue, Norfolk Island, Northern
Mariana Islands, Palau, Pitcairn Islands, Puerto Rico, Reunion, Saint
Helena, Saint Pierre and Miquelon, Tokelau, Tonga, Turks and Caicos
Islands, Tuvalu, Virgin Islands, Wallis and Futuna, West Bank, Western
Sahara
former Soviet Union (FSU): former term often used to identify as a group the successor nations to the Soviet Union or USSR; this group of 15 countries consists of: Armenia, Azerbaijan, Belarus, Estonia, Georgia, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, Uzbekistan
former USSR/Eastern Europe (former USSR/EE): the middle group in the hierarchy of developed countries (DCs), former USSR/Eastern Europe (former USSR/EE), and less developed countries (LDCs); these countries are in political and economic transition and may well be grouped differently in the near future; this group of 27 countries consists of: Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Georgia, Hungary, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Macedonia, Moldova, Poland, Romania, Russia, Slovakia, Slovenia, Tajikistan, Turkmenistan, Ukraine, Uzbekistan, Yugoslavia; this group is identical to the IMF group "countries in transition" except for the IMF's inclusion of Mongolia
high income countries: another term for the industrialized countries with high per capita GDPs; see developed countries (DCs)
industrial countries: another term for the developed countries; see developed countries (DCs)
least developed countries (LLDCs): that subgroup of the less developed countries (LDCs) initially identified by the UN General Assembly in 1971 as having no significant economic growth, per capita GDPs normally less than $1,000, and low literacy rates; also known as the undeveloped countries; the 42 LLDCs are: Afghanistan, Bangladesh, Benin, Bhutan, Botswana, Burkina Faso, Burma, Burundi, Cape Verde, Central African Republic, Chad, Comoros, Djibouti, Equatorial Guinea, Eritrea, Ethiopia, The Gambia, Guinea, Guinea-Bissau, Haiti, Kiribati, Laos, Lesotho, Malawi, Maldives, Mali, Mauritania, Mozambique, Nepal, Niger, Rwanda, Samoa, Sao Tome and Principe, Sierra Leone, Somalia, Sudan, Tanzania, Togo, Tuvalu, Uganda, Vanuatu, Yemen
less developed countries (LDCs): the bottom group in the hierarchy of developed countries (DCs), former USSR/Eastern Europe (former USSR/EE), and less developed countries (LDCs); mainly countries and dependent areas with low levels of output, living standards, and technology; per capita GDPs are generally below $5,000 and often less than $1,500; however, the group also includes a number of countries with high per capita incomes, areas of advanced technology, and rapid rates of growth; includes the advanced developing countries, developing countries, Four Dragons (Four Tigers), least developed countries (LLDCs), low-income countries, middle-income countries, newly industrializing economies (NIEs), the South, Third World, underdeveloped countries, undeveloped countries; the 172 LDCs are: Afghanistan, Algeria, American Samoa, Angola, Anguilla, Antigua and Barbuda, Argentina, Aruba, The Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bhutan, Bolivia, Botswana, Brazil, British Virgin Islands, Brunei, Burkina Faso, Burma, Burundi, Cambodia, Cameroon, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos Islands, Colombia, Comoros, Democratic Republic of the Congo, Republic of the Congo, Cook Islands, Costa Rica, Cote d'Ivoire, Cuba, Cyprus, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Ethiopia, Falkland Islands, Fiji, French Guiana, French Polynesia, Gabon, The Gambia, Gaza Strip, Ghana, Gibraltar, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guernsey, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Hong Kong, India, Indonesia, Iran, Iraq, Jamaica, Jersey, Jordan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Laos, Lebanon, Lesotho, Liberia, Libya, Macau, Madagascar, Malawi, Malaysia, Maldives, Mali, Isle of Man, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Federated States of Micronesia, Mongolia, Montserrat, Morocco, Mozambique, Namibia, Nauru, Nepal, Netherlands Antilles, New Caledonia, Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Oman, Palau, Pakistan, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn Islands, Puerto Rico, Qatar, Reunion, Rwanda, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Samoa, Sao Tome and Principe, Saudi Arabia, Senegal, Seychelles, Sierra Leone, Singapore, Solomon Islands, Somalia, Sri Lanka, Sudan, Suriname, Swaziland, Syria, Taiwan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turks and Caicos Islands, Tuvalu, UAE, Uganda, Uruguay, Vanuatu, Venezuela, Vietnam, Virgin Islands, Wallis and Futuna, West Bank, Western Sahara, Yemen, Zambia, Zimbabwe; note - similar to the new International Monetary Fund (IMF) term "developing countries" which adds Malta, Mexico, South Africa, and Turkey but omits in its recently published statistics 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, Jersey, North Korea, Macau, Isle of Man, Martinique, Mayotte, Montserrat, Nauru, New Caledonia, Niue, Norfolk Island, Northern Mariana Islands, Palau, Pitcairn Islands, Puerto Rico, Reunion, Saint Helena, Saint Pierre and Miquelon, Tokelau, Tonga, Turks and Caicos Islands, Tuvalu, Virgin Islands, Wallis and Futuna, West Bank, Western Sahara