... of the ASEAN transitional economies - Burma, Cambodia, Laos and Vietnam - from 1970 to the present and examine its problems and prospects for reform and transformation. 1. Introduction These four countries Burma, Cambodia, Laos and Vietnam that formed the Indochina peninsula (refer to map) had attained independence from European colonial powers through revolutionary means, with the exception of Burma, and ... socialist and centrally-planned system and were isolated with the rest of the Southeast Asian countries due to the Cold War. As a result their economies were underdeveloped and lagg...

• Word Count: 2798
• Approx Pages: 11
• Grade Level: Undergraduate

... are home to the worst conditions imaginable. These areas are often poverty stricken, despite the fact that the peasants supply a considerable share of the gross national product in many underdeveloped nations. The rural regions of Third World nations are often overcrowded and not sanitary, and many inhabitants are unlikely to possess many amenities that people from developed nations take for ... , and fertility loss, together with growing resistance of pests to pesticides and the loss of biodiversity. The products produced from these more fertile lands flow overwhelmingly toward consumers...

• Word Count: 2958
• Approx Pages: 12
• Has Bibliography
• Grade Level: Graduate

... was one of the poorest countries in world after experiencing two wars. World War II and Korean war (1950 ~ 1953). The country even experienced a food shortage so that it had to heavily rely on the foreign aid. Yearly per capita consumption was a mere $88 as late as 1965. However, since 1965, Korea has been transformed from its underdeveloped agricultural economy to a leading ... . This boom in imports of the world reflected the fact that the industrialized had not yet erected import barriers against exports from developing countries and were, on the contrary, quite active importers of ch...

• Word Count: 2573
• Approx Pages: 10
• Grade Level: Undergraduate