Economically developed countries

Economically developed countries are distinguished by a high level of production, both tangible and intangible. Among all industries, the services industry is the most prevalent.

As you know, the role of marketing in the economic development of the country is very high. This contributes to progress in various branches of the state economy. Thus, economically developed countries are characterized by a progressive infrastructure, including transport, communications, services, trade, etc., as well as a block of social services. The latter, in particular, include sports, education, health and so on.

Economically developed countries apply high technologies in different production sectors. For innovative technologies, as is well known, low material and labor intensity, an increased share of R & D expenditures, as well as those that are responsible for the production of technological services are characteristic. These include consulting, software and others.

Economically developed countries are switching from the creation of services and products of mass consumption to the manufacture and introduction of innovations. This allows to form new boundaries of economic activity, which is based on qualitative changes in technology and regulation of consumption and production.

Personnel and scientific knowledge serve as the basis for the competitiveness of states. Economic development along the new path in these countries is manifested in the manufacture and subsequent commercial application of new goods and methods of production. The development of new sales outlets and new sources of raw materials is also being implemented. Strengthening the information economy, based on new knowledge, allows you to concentrate international rent. This leads to the fact that rich countries are getting richer, the poor continue to be poor. In this case, the unevenness of the economic development of countries is clearly manifested.

Progressive states dominate the world market. They occupy the most profitable niches of products of deep processing, intellectual facilities and services (licenses, patents, trademarks and other).

For countries with developed economies, the intersection of global capital flows is characteristic. Thus, the world's financial centers are being formed. They include London, Chicago, New York, Tokyo and others. In all these international centers, large-scale financial transactions are carried out, which exceed the volume of payments in the world trade tens of times. At the same time, transnational corporations and banks, rather large financial and credit institutions act as participants. Approximately ninety percent of the loan international market capital is located within the states of the Organization for Economic Development and Cooperation.

Due to the effective structure of exchange and production, the highest indicators for the level and quality of life are achieved.

Countries that are economically developed include Canada, the USA, Austria, Belgium, Greece, Bulgaria, Spain, Italy, Estonia, Latvia, France, Lithuania, Sweden, Poland, Great Britain, Germany, Romania and others. Also in this category are countries such as New Zealand, Australia, Japan, Iceland, Norway, Switzerland. Among the advanced economies are Taiwan, Hong Kong, Singapore, South Korea. Such states as Mexico and Turkey, for example, although they are more developing by many criteria, are included in the list of developed countries on a territorial basis. Turkey is part of Europe. And Mexico is a member of NAFTA (North American Free Trade Agreement).