North-South Divide Essay

1613 Words Aug 3rd, 2010 7 Pages
The North-South Divide (or Rich-Poor Divide[citation needed]) is a socio-economic and political division that exists between the wealthy developed countries, known collectively as "the North", and the poorer developing countries (least developed countries), or "the South."[1] Although most nations comprising the "North" are in fact located in the Northern Hemisphere (with the notable exceptions of Australia and New Zealand), the divide is not wholly defined by geography. The North is home to four out of five permanent members of the United Nations Security Council and all members of the G8. "The North" mostly covers the West and the First World, with much of the Second World. The expression "North-South divide" is still in common use, but …show more content…
d country, European Union, and European Free Trade Association
Organisations such as the World Bank, the International Monetary Fund (IMF) and the Central Intelligence Agency (CIA), generally agree that the group of developed countries includes the following countries/regions (in alphabetical order):[citation needed]

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Countries described as high-income and advanced economies by the WB and IMF

[edit]Americas

▪ [pic] Canada ▪ [pic] United States

[edit]Asia

▪ Special Administrative Region of the People's Republic of China: ▪ [pic] Hong Kong ▪ [pic] Macau ▪ [pic] Republic of China ▪ [pic] Israel ▪ [pic] Japan ▪ [pic] Singapore ▪ [pic] South Korea

[edit]European Union and European Free Trade Association

|[pic] Andorra |[pic] Greece |[pic] Norway |
|[pic] Austria |[pic] Hungary |[pic] Poland |
|[pic] Belgium |[pic] Iceland |[pic] Portugal |
|[pic] Bulgaria |[pic] Ireland |[pic] Romania |
|[pic] Cyprus |[pic] Italy |[pic] San Marino |
|[pic] Czech Republic |[pic]

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