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Extreme inflation has made Zimbabwe the poorest country in the world. He was previously the 10th poorest in the world, but the country's economy collapsed due to horrific inflation. Inflation has allowed the country to print a billion dollars in currency since 2007, but that money is barely enough to buy a few eggs.
In August 2008**, it was decided to let the bank subtract 10 zeros from the end of the currency.
Because these zeros have no effect. After 6 months, they removed 6 zeros, but added 12 new zeros. Inflation of 87 percent is seven-square, which means that prices will double every day.
The economy of Zimbabwe.
It is rich in natural resources, has a good industrial and agricultural foundation, and is self-sufficient in grain in normal years, and was once the world's third largest tobacco exporter. Since 2000, the economy has shrunk dramatically due to Western sanctions for the implementation of the "rapid land reform plan". There are shortages of foreign exchange, fuel and necessities, inflation is surging, and large numbers of people are pouring into neighboring countries.
After March 2008, the economic situation deteriorated further, and by the end of that year, the economy basically collapsed, key sectors such as finance, finance and taxation basically ceased to function, and social and public management functions such as water and electricity, telecommunications, medical care and education were almost paralyzed.
In February 2009, after the establishment of the United **, the economic situation has improved. Since 2016, economic difficulties have intensified and liquidity shortages have been severe. After the establishment of Mnangagwa in December 2017, Mnangagwa** has worked hard to build a "new economic order", but still faces many difficulties.
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On December 30, 1994, the World Bank said in its World Bank Atlas 1994, published on December 30, 1994, that eight of the world's 10 poorest countries are located in Africa and the other two in Asia.
The Atlas shows that the poorest country in the world is Mozambique, whose per capita GDP in 1992 was only $60, down 25 per cent from 1991.
Ethiopia and Tanzania are the second poorest countries, with a per capita GDP of $110 each. This was followed by Sierra Leone, Uganda and Nepal, each with a GDP per capita of $170. These are also Bhutan, Guinea-Bissau, Malawi and Burundi.
According to the Atlas, Switzerland is the richest country in the world, with a GDP per capita of $36,230, followed by Luxembourg and Japan, with a GDP per capita of $35,260 and $28,220, respectively. Other rich countries include Sweden, Denmark, Norway, Ireland, the United States, Germany and Finland.
The Atlas is based on data from the World Bank and other international organizations. It includes 207 countries and territories and is a compilation of internationally standard statistical data over the past 25 years.
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Timor-Leste is one of the most poor and backward countries in the world, relying on foreign aid for most of its supplies, and the country's economy is facing enormous challenges, including rebuilding infrastructure, strengthening the management of the civil service and solving the employment problem of a large number of young people.
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1. South Sudan
South Sudan is a landlocked country in East Africa, divided into 10 states, and is one of the least developed countries in the world declared by the United Nations. Roads, water and electricity, medical and health care, education and other infrastructure and social services are seriously lacking, and commodities are basically imported and expensive. Since 2005, the international community has provided substantial assistance to Yugoslavia in the areas of infrastructure development and public services.
2. Burundi
Burundi is one of the least developed countries in the world, a country of agriculture and animal husbandry, and its main pillar industries are coffee and tea. Seventy per cent of the country's income comes from agriculture, and its main exports are coffee, tea, cotton, hides, etc., but the resilience to natural disasters is low due to poor agricultural infrastructure.
3. Malawi
Malawi, a small country located in southeastern Africa, is one of the least developed countries in the world and is heavily dependent on international aid. Malawi's economy is largely based on agriculture, with the majority of the population living in rural areas. Life expectancy in the country is less than 55 years, and the incidence of AIDS among adults is high.
4. Central African Republic
The Central African Republic is located on the African continent** and is a landlocked country in the middle of the African continent, with a land area of 10,000 square kilometers. It is the only way for south-to-north and east-west traffic, and the land is vast and sparsely populated, with an average of only people per square kilometer. Central Africa is a multi-ethnic country with complex religions and serious conflicts.
Coupled with the impact of war, it is difficult to develop the economy, and it is one of the least developed countries in the world announced by the United Nations.
5. Democratic Republic of the Congo
The Democratic Republic of the Congo is one of the least developed countries in the world as declared by the United Nations. The economy is dominated by agriculture and mining, and the industry is underdeveloped. It is the second largest country in Africa by total area.
After gaining independence from Belgium in 1960, the country fell into a multi-year economic depression due to political assassinations, military coups, civil wars, etc.
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With the development of the world, more and more countries have gradually embarked on the road of modernization, but there are still some countries that are far behind other countries for various reasons. Here are some of the most backward countries in the world right now.
Somalia. Somalia is a country in Africa that has long been in the midst of war and chaos. Since the early 1990s, Somalia has been one of the most dangerous and unsafe regions in the world.
War, malaria, hunger, poverty and terrorism plague the Somali people.
At the same time, Somalia is facing a severe drought and water crisis. Large numbers of people suffer from famine due to lack of adequate water and food. Other areas are also lagging behind, such as the education and health systems.
Yemen. Yemen is a country in western Asia and one of the poorest countries in the world. Political instability, famine, disease and war have become the norm in the country. The military conflict has had a devastating impact on the country's infrastructure.
In addition, Yemen faces poverty, famine, and dilapidated infrastructure. In most parts of Yemen, medical and sanitation facilities are very poor, as well as very poor in terms of medical standards, causing great suffering to the people.
Central African Republic.
The Central African Republic faces political instability caused by ethnic conflicts. Coupled with the country's poverty, poor infrastructure and rampant diseases, basic services such as health care and education are limited to the people of the Central African Republic, and people face basic food and drinking difficulties, and most people live in poverty.
The Central African Republic is also quite underdeveloped in agriculture. For a long time, its agricultural production relied only on manpower, animal power and simple tools. For this reason, the annual harvest is very small, and a large amount of grain needs to be imported from other countries, which has caused serious problems for the country's economy.
Epilogue. These countries are very uncompetitive and their socio-economic conditions are very poor. How to tap and utilize their own energy and resources, develop relations with other countries, strengthen governance, improve people's living standards, etc., these are all problems that these countries have experienced and urgently need to solve.
Practice has shown that disasters, poverty and wars can directly cause huge economic losses to countries. The international community should make a concerted effort to help those countries out of their predicament and provide them with more assistance.
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Economic aspects. At present, the world's most backward countries have a predominantly agricultural economy, and they are very backward in technology and equipment. This backwardness has not only affected the country's economic development, but also affected the people's living standards.
In addition, these countries are less open to the outside world and lack the concept of international cooperation and sustainable development.
These countries also have a low GDP per capita, and the economic life of the people is generally difficult. Banking, insurance, and other financial services are very inadequate, and the people have great difficulties in saving and obtaining loans. Therefore, there are often fewer commercial and first-class activities, and the industrial chain and commodity structure are also very simple, which makes it difficult for them to get rid of poverty.
Educational. In these countries, educational resources are scarce, public education systems are underdeveloped, and schools and educational infrastructure are poor. Lacking adequate educational resources, people in these countries tend to have a lower level of education.
At the same time, the cultural and educational systems of these countries are also relatively backward, and people's minds are closed, making it more difficult for them to accept international information and new ideas.
Lack of financial support and the inability of many people to afford the necessary learning tools such as tuition fees, textbooks, laptops, etc., have become important factors affecting the quality and universal access to education. This has affected the country's future technological development, making it difficult to train more high-tech talents, and children's educational opportunities have been limited.
Technological aspects. In the field of information technology and smart technology, these countries are often in a relatively backward position. In fact, the development of science and technology has a great relationship with people's wit and creativity, and only by constantly bringing forth the new and innovating can the development of science and technology be pushed to a new height.
Lack of advanced scientific and technological equipment makes it difficult to carry out higher-end research and innovation. For some developed countries, scientific and technological innovation has almost become an important national development task chain. If these backward countries cannot keep up with the pace of the times, it will be difficult for their economic development and people's living standards to be significantly improved.
In short, there are still many countries in the world that are in a closed and backward state, which needs our attention and help. Only by constantly expanding opening up to the outside world and carrying out continuous reform can we get them out of their predicament, shake off their backward situation, and forge ahead. It is hoped that these countries will receive a greater degree of support and assistance in the future.
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Niger.
Niger is one of the least developed countries in the world, and agriculture is the most basic sector of economic production. Niger has backward infrastructure, a weak industrial and agricultural foundation, and a large dependence on foreign investment, and is still in the take-off stage of economic development.
The Republic of Niger, referred to as Niger, is located on the southern edge of the Sahara Desert between 11-23 degrees north latitude and 0-16 degrees east longitude. It is a landlocked country in West Africa, bordering Chad to the east, Mali and Burkina Faso to the west, Benin and Nigeria to the south, and Algeria and Libya to the north. The official language is French.
No unified dynasty has ever been formed in history. From the 7th to the 16th centuries, the northwest belonged to the Songhai Empire. In the 8th-18th centuries, the eastern part belonged to the Bonnu Empire.
At the end of the 18th century, the Pall people established the Pall Empire in the middle. In 1904, it became a French West African territory. It became a French colony in 1922.
In 1957, it was granted semi-autonomous status. On December 18, 1958, it became an autonomous republic within the French Community. In July 1960, he withdrew from the French Community Laughing Chain, and officially declared his independence on August 3.
Is China a developed country?
China is a developing country. The United Nations Conference on Trade and Development (UNCTAD) announced in a press release that the number of United Nations-approved least developed countries (LDCs) in the world had increased to 50. Developing countries, also known as developing countries and underdeveloped countries, refer to countries with a low level of economy, technology and people's living standards.
Developing countries are vast geographies, large populations, vast markets and abundant natural resources. Most of the world's 233 countries and territories are developing countries, accounting for more than 70 per cent of the world's land area and total population, mainly in Asia, Africa and Latin America.
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According to a press release issued by the United Nations Conference on Trade and Development (UNCTAD), Tampi announced that there are 49 least developed countries in the world. They are Afghanistan, Bangladesh, Bhutan, Cambodia, Laos, Maldives, Myanmar, Nepal, Yemen; Angola, Benin, Burkina Faso, Burundi, Cape Verde, Central Africa, Chad, Comoros, Democratic Republic of the Congo, Djibouti, Equatorial Guinea, Eritrea, Ethiopia, Gambia, Guinea, Guinea-Bissau, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mozambique, Niger, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, Somalia, Sudan, Togo, Uganda, Tanzania, Zambia; Samoa, Vanuatu, Tuvalu, Jeansail Kiribati, Solomon Islands; 1 Latin America: Haiti.
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