Third World

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During the Cold War period Third World referred to countries other then the superpowers: the US and the Soviet Union. These nations formed the non-aligned movement. It was usually applied to the mostly developing nations of Africa, Latin America, and Asian countries.[1]

Since that time, third world refers to developing and undeveloped countries which have large scale poverty and low levels of economic development. Third world countries often have dictatorships as the form of central government, and in many third world countries government corruption is rampant.[2]

References

  1. The New American Desk Encyclopedia, Penguin Group, 1989
  2. http://media.transparency.org/imaps/cpi2009/