Named Examples For Developing Country Variations Flashcards
Chad
Landlocked - More expensive to import/export goods
Malawi
Poor education system means that they have low skilled workers - unable to attract foreign investment
Saudi Arabia
Oil - Sold for foreign currency
South Africa
Fertile soil and suitable climate for cash crops sold for income
Nigeria
Corruption in government leads to money being used inappropriately
Syria
Conflict/Civil war which means that they cannot keep the economy working - spend extra finance on weapons
Lebanon
Large debts - repay loans and interest - less money for services
Kenya
Famine creates a reduced capacity to work and create income
Sub-Saharan Africa
The high prevalence of HIV/AIDS limits development as funds go to treatment of the ill
Lesotho
Climate has an effect here as there is reliable and abundant rainfall. The major water management project which allows lighting and heating in homes improves quality of life.
Lesotho sells surplus water and electricity, providing an income that can be reinvested.
Malaysia
Countries such as USA have an interest here for trade
Brazil
Has benefitted from increased tourism for the World Cup 2014 which brought in foreign currency