The State, Globalization, and Development: Whatever Happened to Development?

Article 9.1

WHAT EVER HAPPENED TO DEVELOPMENT?

BY JAWIED NAWABI

January/February 2018

Introduction

Since World War II, if we count the number of countries which can been be considered

to have moved from being “hird World” (or “developing”) countries to

being developed countries, how many countries make the list? By my count it would

be ive: South Korea, Taiwan, Singapore, Hong Kong, and Qatar. China is on its

way and certain regions of China are already it to be termed “developed.” In Africa,

out of the 54 countries, we cannot conidently tally any to have attained developed

status (South Africa is termed an “Emerging Market Economy”). Latin America

has had several more decades since independence to build an industrial base. (Most

of Latin America, not including the Caribbean, nominally gained independence

between the 1820s and 1880s, 80-150 years before most of Africa, the Caribbean

(outside of Haiti), and most of Asia.) However, the region’s industry has not reached

globally competitive levels compared to the Asian “Tigers.” Latin America and the

Caribbean’s share of world income grew from about 5.8% in 1985 to about 7.2% in

2010. Meanwhile, East Asia and Paciic’s (excluding Japan) grew from 4.1% in 1985

to 11.6% in 2010.

An increasing share of total world income has been going to the developing part

of the world. In 1995, about 17.5% of world income went to 83% of the world population

(developing countries); by 2010, the igure had increased to about 30.3% (mostly

because of East Asia). But that means that about 70% of the income still went to the..

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