Developed Nations versus Underdeveloped Nations - YouTube
an underdeveloped nation a developing nation or a developed nation
That spot on the security council makes China an easy pick to become the one underdeveloped nation that becomes powerful in the 2020s, but I'm just not convinced.
Designing Open Source Washing Machines for Underdeveloped Nations
In spite of the fact that most of the profits made enrich the developed nations more than the underdeveloped, the latter clamor nonetheless for more foreign capital investments to buttress the existing property relations in their own countries. But capital is not eager to invest, not only because of the competing demand for capital in the developed countries, but also because investments in many underdeveloped countries – which are nations in permanent crisis conditions – are no longer secure. Interested mainly in natural resources such as oil and metals, foreign investors foster a one-sided development which perpetuates the poor countries’ dependence on the rich nations and prevents their more general development. There are exceptions, of course, finding their cause in a geographical proximity between developed and underdeveloped nations. In Mexico and Cuba, for instance, American capital has tried to enter all strategic industries. American businesses owned 60 per cent of all Cuban industries from cosmetics to sugar cane. But this proximity did not prevent the rise of revolutionary social movements and governments. They restricted and even expropriated foreign capital in the name of a free national development, and set themselves against the specific profit needs of the great industrial and financial empires. Because such movements have been widespread and threaten to raise their heads again, private capital has no great desire to invest in underdeveloped areas, where it faces not only economic but also political risks.