The Economic Progress

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The Economic Progress of Non-Aligned Nations
By Popy Chanda Isamar Ponce
Eunice Lara pd.5-grp2a
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The Non-Aligned Movement

• The Non-Aligned Movement (NAM) is an
  international organization of states considering
  themselves not formally aligned with or against
  any major power bloc.
• It was founded in the 1950s as of 2007, it has
  118 members. The purpose of this organization was
  to ensure the national independence,
  sovereignty, territorial integrity and security
  of non-aligned countries.
• Important members have, at carious times,
  included Yugoslavia, India, Pakistan, Algeria,
  Libya, Sri Lanka, Egypt, Indonesia, Cuba,
  Colombia, and Venezuela, post-1994 South Africa,
  Iran, Malaysia, and, for a time, the Peoples
  Republic of China.

The founding leaders of the Non- Aligned states
meet in New York in October 1960. From left
Jawaharlal Nehru Of India, Kwame Nkrumah of
Ghana, Gamal Abdel Nasser of Egypt, Sukaro of
Indonesia and Josip Broz of Yugoslavia.
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ECONOMY OF India

• India became independent from Britain in 1947
  the new government made industrialization one of
  its top priorities.
• India now produces cars, airplanes, satellites,
  computers, nuclear reactors, and technical
  knowledge.
• Indian textile industry, for which it has always
  been famous, has been especially successful

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Economy of India

• The economy of India, when measured in USD
  exchange-rate terms, is the twelfth largest in
  the world. It is the 3rd largest in terms of
  purchasing power parity.
• India is the 2nd largest fastest growing major
  economy in the world.
• However, India has huge population The World Bank
  classifies India as a low-income economy.

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The Green Revolution

• The world's worst recorded food disaster happened
  in 1943 in British-ruled India. The Green
  Revolution boosted Indias agricultural output.
• Using better fertilizers, new types of seed, and
  pesticides to control disease brought about an
  increase in crop production for the rapidly
  increasing population of India.
• But these new farming products are expensive and
  not all farmers can afford them. India still
  needs to import food for their population.

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What was the Green Revolution in India

• There were three basic elements in the method of
  the Green Revolution
• (1) Continued expansion of farming
  areas
• (2) Double-cropping existing
  farmland
• (3) Using seeds with improved
  genetics.

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Economic results of The Green Revolution

• Crop areas under high-yield varieties needed more
  water, more fertilizer, more pesticides,
  fungicides and certain other chemicals. This
  spurred the growth of the local manufacturing
  sector. Such industrial growth created new jobs
  and contributed to the country's GDP.
• The increase in irrigation created need for new
  dams to harness monsoon water. The water stored
  was used to create hydro-electric power. This in
  turn boosted industrial growth, created jobs and
  improved the quality of life of the people in
  villages.
• India paid back all loans it had taken from the
  World Bank and its affiliates for the purpose of
  the Green Revolution. This improved India's
  creditworthiness in the eyes of the lending
  agencies.
• Some developed countries, especially Canada,
  which were facing a shortage in agricultural
  labour, were so impressed by the results of
  India's Green Revolution that they asked the
  Indian government to supply them with farmers
  experienced in the methods of the Green
  Revolution.

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Latin America

• Most of the Latin American countries have been
  slow to industrialize. As colonies of Spain, they
  sent their raw materials (cash crops) to Spain in
  return bought the finished good that Spain
  produced. After they won their independence, this
  pattern did not alter.
• Many Latin American countries tried to
  industrialize but, not all Latin American could
  afford to buy the product.
• It was difficult to get enough educated people to
  work in manufacturing jobs. People from foreign
  countries, including the U.S., invested in Latin
  Americans industries and the used of its natural
  resources.
• As a result, Latin American countries began to
  distrust their wealthy neighbor and several Latin
  Americans countries turned to adopt
  socialist-style governments.

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Latin America

• Most of the good agricultural land was in the
  hands of wealthy landowners. They made large
  profits by growing cash crops such as bananas and
  coffee. Therefore, much of the food had to be
  imported and this too became very expensive for
  the average Latin American.
• When reform governments came to power, they
  distributed the lad to the masses. They also
  removed the cash crop business and the profits
  they made.
• The U.S. got involved in political turmoil that
  caused governments to be overthrown and new
  dictator and left-wing leaders took over.

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Africa

• Africa is the worlds 2nd largest and 2nd
  most-populous continent, after Asia. The African
  continent went through a period of forming new
  nations, most of which previously colonies of
  European imperialism.
• The new governments believed that by quickly
  industrializing would help their people. This
  included nationalizing foreign properties. The
  Americans who took over did not have the
  education or experience to manage these new
  industries.
• Poor decision making, low-quality products, and
  changing world markets caused many businesses to
  fail.

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Africa

• Agriculture did not receive the attention. The
  old methods of agricultural could not produce
  anywhere near the amount of crops and food needed
  to feed Africas expanding population. The old
  methods also caused the land to erode or become
  infertile.
• In addition, Africa underwent a period of severe
  drought. Farmlands dried out. This process is
  called desertification.
• The misery caused by the poor economic conditions
  created famine, disease, and political rivalries
  had led to civil unrest. Bloody conflicts
  continue to trouble Africa still today.

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Pictures related to economy of India
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Picture related to Economic of Latin America
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Pictures Related to Economy of Africa
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Bibliography

• www.ask.com
• www.info.com
• www.yahoo.com
• www.google.com
• www.wikipedia.com
• www.indiaonestop.com