Models of development

The map below shows developed and developing countries. Most countries in the Southern Hemisphere are developing while most countries in the Northern Hemisphere are developed.

Exports of developed and developing countries

Different countries in the developing world are at very different stages of development.

One model of development considers all countries on a hill slope, with the richest developed countries like Japan at the top, and the poorest developing countries like Burkina Faso at the bottom of the hill.

The most well off developing countries are the Newly Industrialised Countries (NICs), like South Korea. These would be halfway up the hill, below the poorest of the developed countries, such as Hungary.