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Seong0980 (talk | contribs)
I'm certain this was a slight error, Macao being part of China instead of the Malta islands?
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|• {{flagcountry|Czech Republic}} || • {{flagcountry|Luxembourg}} || • {{flagcountry|Trinidad and Tobago}}
|• {{flagcountry|Czech Republic}} || • {{flagcountry|Luxembourg}} || • {{flagcountry|Trinidad and Tobago}}
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|• {{flagcountry|Denmark}} || • {{flagcountry|Macao}} || • {{flagcountry|United Arab Emirates}}
|• {{flagcountry|Denmark}} || • {{flagcountry|Macao}}, China || • {{flagcountry|United Arab Emirates}}
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|• {{flagcountry|Estonia}} || • {{flagcountry|Malta}}, China || • {{flagcountry|United Kingdom}}
|• {{flagcountry|Estonia}} || • {{flagcountry|Malta}} || • {{flagcountry|United Kingdom}}
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|• [[Faeroe Islands]] || • {{flagcountry|Monaco}} || • {{flagcountry|United States}}
|• [[Faeroe Islands]] || • {{flagcountry|Monaco}} || • {{flagcountry|United States}}

Revision as of 03:28, 8 July 2007

The three worlds during the Cold War era; Blue: First World, Red: Second World, Green: Third World
Coloured world map indicating Human Development Index (2004)
  0.950 and over
  0.900–0.949
  0.850–0.899
  0.800–0.849
  0.750–0.799
  0.700–0.749
  0.650–0.699
  0.600–0.649
  0.550–0.599
  0.500–0.549
  0.450–0.499
  0.400–0.449
  0.350–0.399
  0.300–0.349
  under 0.300
  N/A
(colour-blind compliant map)
The 20 nations with the highest GDP per capita according to the International Monetary Fund.
High Income countries according to the World Bank.[1]

The term "First World" refers to countries that are democracies, which are technologically advanced, and whose citizens have a high standard of living.

The terms First World, Second World, and Third World were used to divide the nations of Earth into three broad categories. The three terms did not arise simultaneously. After World War II, people began to speak of the NATO and Warsaw Pact countries as two major blocs, often using such terms as the "Western Bloc" and the "Eastern Bloc". The two "worlds" were not numbered. It was eventually pointed out that there were a great many countries that fit into neither category, and in 1952 French demographer Alfred Sauvy coined the term "Third World" to describe this latter group; retroactively, the first two groups came to be known as the "First World" and "Second World". (As Hannah Arendt explains, "The Third World is not a reality but an ideology.")

There were a number of countries that did not fit comfortably into this neat definition of partition, including Switzerland, Sweden, and the Republic of Ireland, who chose to be neutral. Finland was under the Soviet Union's sphere of influence but was not communist, nor was it a member of the Warsaw Pact. Austria was under the United States' sphere of influence, but in 1955, when the country became a fully independent republic, it did so under the condition that it remain neutral. Turkey and Greece, both of which joined NATO in 1952, were not predominantly in Western Europe and were not industrialized. Spain did not join NATO until 1982, towards the end of the Cold War and after the death of the authoritarian dictator Francisco Franco.

In recent years, as many "developing" countries have industrialized, the term Fourth World has been coined to refer to countries that have "lagged behind" and still lack industrial infrastructure. In contrast, countries that were previously considered developing countries and that now have a more advanced economy, yet not fully developed, are grouped under the term Newly-industrialized countries or NIC.

Some nations have developed their own classification scheme consisting of the "Third World", and the "Two-Thirds World". This system is similar to the former in that it also reflects economic status or behaviour. In terms of material resources, the "Third World" takes just one third of the pie, while the "Two-Thirds World" takes two-thirds of the pie.

High income countries

While there is no precise definition of the "first" or "rich" world, the World Bank does categorize countries as high, upper and lower middle as well as low income. While this list is reflective of the "rich world," second world countries, Slovenia and the Czeck Republic are included. High income countries are thereby defined as countries with a Gross National Income per capita of $10,726 of more. According to the World Bank the following 60 countries were categorized as high income economies as of 2007:[1]

 Andorra  France  Netherlands Antilles
• Antigua and Barbuda  French Polynesia  New Caledonia
 Aruba  Germany  New Zealand
 Australia  Greece  Norway
 Austria  Greenland  Portugal
 Bahamas  Guam  Puerto Rico
 Bahrain  Hong Kong, China  Qatar
 Barbados  Iceland  San Marino
 Belgium  Ireland  Saudi Arabia
 Bermuda  Isle of Man  Singapore
 Brunei  Israel  Slovenia
 Canada  Italy  Spain
 Cayman Islands  Japan  South Korea
Channel Islands  Kuwait  Sweden
 Cyprus  Liechtenstein   Switzerland
 Czech Republic  Luxembourg  Trinidad and Tobago
 Denmark  Macau, China  United Arab Emirates
 Estonia  Malta  United Kingdom
Faeroe Islands  Monaco  United States
 Finland  Netherlands Virgin Islands (U.S.)

IMF advanced economy list

  Countries described as advanced economies by the IMF

According to the International Monetary Fund the following 31 countries are classified as "advanced economies:"[2]

 Australia  Iceland  San Marino
 Austria  Ireland  Singapore
 Belgium  Israel  Slovenia
 Canada  Italy  South Korea
 Cyprus  Japan  Spain
 Denmark  Luxembourg  Sweden
 Finland  Netherlands   Switzerland
 France  New Zealand  Taiwan
 Germany  Norway  United Kingdom
 Greece  Portugal  United States
 Hong Kong

References

  1. ^ a b "World Bank. (2007). Data & Statistics: Country Groups". Retrieved 2007-06-20.
  2. ^ "IMF. (April 2007). World Economic Outlook". Retrieved 2007-07-06.

See also