The paper "The Economic Problems of Less Developed Economies" is a perfect example of a report on macro and microeconomics. The introduction gives an overview of the status of less developed economies and then proceeds to mention some of these nations and their distribution throughout the world. The paper further presents a detailed explanation of the effects of rapid population growth on the economic development of less developed economies. Some of the impacts of overpopulation include health problems, poverty, land use issues, poor education standards, and low living standards. An emphasis is placed on these factors and how they create grave economic problems in different countries.
Through the use of pictures and graphs, the impact of some of the factors can be observed clearly. Finally, a summary of the impacts of overpopulation in less developed economies is given, and the emphasis is given on the most prominent ones. The conclusion offers some solutions that may be applied in the less developed economies so as to eradicate the challenges created by rapid population growth. The main strategy given is curbing population growth through family planning education on the use of birth control methods.
The conclusion further sums up what has been discussed entirely with recommendations that could assist in setting strategies that could reduce the tremendous impacts of overpopulation on less developed economies in the world. Introduction Countries that are considered to be less developed are characterized by low socioeconomic development. The human development index is lower as compared to other countries in the world1. According to the United Nations policies of the 1960s, less developed economies are arrived at through three major criteria.
Firstly, a low-income nation that portrays per capita less than 1000 USD for consecutive three years is a less developed economy. Also, nations with weak human resource characteristics in regards to health, education, and literacy levels make up the less developed economies in the world. Finally, the UN classifies a country with economic vulnerability as a less developed economy. Such nations are characterized by unstable agricultural production, low export operations, and inability to deal with natural disasters. (UN World Population Report, 2001).
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