Problems of Modernization in Developing Nations

Problems of Modernization in Developing Nations

The economic situation which exists in the developing world today, is the result of the relationship between the modern, and developing nations of the world. Modernized nations benefited from this relationship because it gave them access to natural resources. However, because of this relationship, many developing nations now suffer from severe problems. These nations are attempting to change the situation in which they struggle.

A political cartoon I have recently seen illustrated the economic relationship between the industrialized world and the developing world. It shows that the industrial nations, The United States and Europe, are located in the northern hemisphere. On the other hand most of the developing world, Central and South America and Africa, are found in the southern hemisphere. The 'well fed', well dressed individual holding the industrialized world indicates that the modernized nations of the world are prosperous, and have a high standard of living.

G20 developing nations

English: The United Nations Human Development Inde...

Newly Industrialized Country

The skinny, poorly dressed individual holding the developing world indicates that the developing nations of the world are not prosperous, and have a lower standard of living than do industrialized nations. Both individuals are supporting each other in such a way that if one is removed, the other will fall. Without resources to use, industry would not be able to maintain its existence. Likewise, without a market for their resources, or the products of industry, the developing world would not be able to maintain its existence.

Two current problems which exist in the developing world today are political instability, and rapid urbanization. Political instability causes economic problems in places such as Africa, and South America, where many governments are being overthrown. When a government is inconsistent, a tax system cannot be established and revenue can't be collected. If a government doesn't receive revenue, it cannot provide...