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Kuwait, [a] officially the State of Kuwait, [b] is a country in West Asia and the geopolitical region known as the Middle East. It is situated in the northern edge of the Arabian Peninsula at the tip of the Persian Gulf , bordering Iraq to the north and Saudi Arabia to the south . [ 14 ]
It is used to distinguish whether the country is a developed, a developing or an under-developed country, and also to measure the impact of economic policies on quality of life. Countries fall into four broad categories based on their HDI: very high, high, medium, and low human development.
In the 1960s and 1970s, Kuwait was the most developed country in the region. [160] [161] [162] Kuwait was first Middle East country to diversify its revenue away from oil exports, [163] establishing the Kuwait Investment Authority as the world's first sovereign wealth fund.
This is an accepted version of this page This is the latest accepted revision, reviewed on 20 December 2024. Country with a developed economy and infrastructure "Industrial nation" redirects here. For the magazine, see Industrialnation. Not to be confused with Developing country. For the investing classification, see Developed market. Developed countries (IMF) Developing countries (IMF) Least ...
The Human Development Index (HDI) is a summary index assessing countries on 3 dimensions, health, education and standard of living using life expectancy at birth, expected years of schooling for children and mean years of schooling for adults, and GNI PPP per capita. The final HDI is a value between 0 and 1 with countries grouped into four ...
Kuwait, officially the State of Kuwait, is a country in West Asia and the geopolitical region known as the Middle East. It is situated in the northern edge of the Arabian Peninsula at the tip of the Persian Gulf , bordering Iraq to the north and Saudi Arabia to the south .
Since many of the countries that are considered to be a part of the Global South were once colonized by Global North countries, they are at a disadvantage to become as quickly developed. Dependency theorists suggest that information has a top-down approach and first goes to the Global North before countries in the Global South receive it.
This is an accepted version of this page This is the latest accepted revision, reviewed on 11 December 2024. World map of countries or territories by Human Development Index scores in increments of 0.050 (based on 2022 data, published in 2024) ≥ 0.950 0.900–0.950 0.850–0.899 0.800–0.849 0.750–0.799 0.700–0.749 0.650–0.699 0.600–0.649 0.550–0.599 0.500–0.549 0.450–0.499 0. ...