QUOTE (worlddomination @ Oct 8 2005, 06:38 AM)
[color=red]I just noticed all Spanish colonies became third world countries at present and Portugese colonies well their doing fine.Do you think if the Portugese were the ones who colonized the Philippines we would be third world now
The only former colony of Portugal that is doing fine is Brazil, the rest are at the bottom.
Since the collapsed of communism in Europe, "first world," "second world" and "third world" countries are no longer use. Instead it is now called, "Developed (Higher Income)," "Developing (Middle Income)" and "Least Developed (Lower Income)" countries.
Developed Countries (Higher Income Countries) are those that have a Per Capita GDP of $16,000 or higher. (Singapore is an example of one of the third world countries that is now in "developed countries" categories, which have an Per Capita GDP of $25,000 [2001]).
Developing countries (Middle Income Countries), on the other hand are devided in two categories, they are the "Higher Middle Income", and "Lower Middle Income"
Higher Middle Income are those contries that have a Per Capita GDP from $9,000 to $15,500. And the Lower Middle Income countries are those that have Per Capita GDP from $1,500 to $8,500. (Philippines is belong in the Lower Middle Income category which has a $4,400 Per Capita GDP (2002)
Least Developed countries? (Lower Income countries) are the ones that have a Per Capita GDP of $1,000 or lower (East Timor belong in this category which as of 2001 has a Per Capita GDP of $500)
The term "first world" "second world" and "third world" countries were part of the classification of countries during the Cold War. This classification designated those countries aligned with the United States as "first world," the communist countries (USSR, East Germany, Poland, China, Vietnam, Cuba, Yugoslavia, North Korea, etc) are called "second world," and those countries that were nonaligned on both sides are called "third world." But with the dissolution of the USSR and the colapsed of Communism in Eastern Europe, the classification no longer exists. The preferred term are now called "developed" and "less-developed"
Come to think of it though. LoL, there are countries who aligned themselves with the United States during the Cold War, but they are not considered "first world." Sh8 .

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