Why is Jamaica a Third World Country?



source: tradingeconomics.com


By Kadian Clarke, Contributed:

Jamaica unfortunately wears the label of being a third world country, but why so? Why is Jamaica considered as a third world country?

How about a quick background for you?

A Third World is a phrase used to describe developing nations. This phrase arose during the cold war to identify countries whose views did not match with NATO and capitalism or the SOVIET UNION and communism.

These countries are classified as poor and underdeveloped. They have poor infrastructure, low levels of education, improper sanitation, poor access to health care and heavy dependence on industrialized nations.

The World Bank also adds that developing countries as those with a gross national income under US $11,905.00 per capita per year.

Now, Jamaica is a third world country or still the same, a developing country, because it has most of these characteristics.

Statistics show that the gross national income per capita per year for Jamaica between years 2006 and 2017 ranges from $7,490.00 - $8, 690.00.

Jamaica’s economy is encouraged mainly by Tourism, Mining and Agriculture. The Tourism industry controls most of the economic performance of the country.

Note also that the global economic downturn between 2007 and 2009 also negatively affected Jamaica’s economy.

By the way, did you know that there are so called fourth world countries, and even fifth world countries?

Share in the comments below.


References:


  1. Third World. Retrieved from https://www.investopedia.com/terms/t/third-world.asp

  2. Is Jamaica a Third World Country? Retrieved from https://www.reference.com/world- view/jamaica-third-world-country-f986e4b7f25d6b39

Comments for Why is Jamaica a Third World Country?

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Nov 30, 2018
Fourth and Fifth World Countries
by: Ms. Bennie

Please indentify these Fourth and Fifth World Countries. Interesting to know this. What can be done to make Jamaica no longer a Third World Country.

Click here to add your own comments

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