Why does the majority of developing countries never develop?
It is a difficult question that is likely to be correct no matter what answer you answer. There are various economic styles, so I can't say anything, but I think one reason is that there is no plan ahead by selling "cheap labor".
In the IT industry, India has gained foreign capital by selling cheap labor and has achieved rapid growth, but on the other hand, I think that there is a problem with the spiral of rising prices due to economic growth ⇒ rising labor costs. This is because “India with high labor costs” has no current value.
As long as there is no national plan and national character that can cultivate the foundation for selling a cheap labor force and add new added value beyond that, it is just exploited and I do not expect development . However, we cannot honestly judge whether we are in such a brain-dead state, or whether the developing countries do not want to develop so much.
According to the Japan External Trade Organization (JETRO) column, out of 82 low-income countries in 1950, 42 countries have stepped up to a richer income category by 2010.
In other words, the remaining 40 low-income countries did not develop so much that they could step up even after 60 years, but there are various factors that have failed to develop, but they are common to many of the 40 countries. It is that political instability continues for a long time.
In countries where political instability continues for a long time, in many cases, there are a large number of national races and powers and low national consciousness, making it difficult to organize as a nation.
Because it is not organized as a nation, and its national functions are extremely fragile due to political instability, the policy for development is not in the first place.
In these low-income countries, there are many countries where civil wars and conflicts have continued for a long time, and some countries have been devastated rather than developed.
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