Still, it faces many of the serious problems facing other underdeveloped countries, such as a top-heavy civil service and a generally unfavorable climate for business enterprise.
Extensive hydrocarbon/natural gas reserves could prove a boon to this underdeveloped country if extraction and delivery projects can be worked out.
Still, it faces many of the serious problems facing other underdeveloped countries, such as political instability, a top-heavy civil service, and a generally unfavorable climate for business enterprise.
Economic restructuring is clearly underway with the once-dominant energy-intensive heavy industrial sectors giving way to labor-intensive light industry and the underdeveloped service sector.
However, underdeveloped countries which were not already dominated by European nations and which could easily be colonized, were few in number.
They were particularly interested in the departments concerned with the treatment of colonial nations and with the various scientific organizations involved in helping underdeveloped countries.
As such, the nation would only be an underdeveloped area dependent on external financing and continually subjected to economic exploitation.
I urge that the Congress adopt the legislation now before it to provide for increasing the flow of technical assistance and capital investment in underdeveloped regions.
We must encourage the development of resources and enterprises in all parts of the country, particularly in underdeveloped areas.
This program will require the movement of large amounts of capital from the industrial nations, and particularly from the United States, to productive uses in the underdeveloped areas of the world.
To the historian and the sociologist, the experience of Taiwan indicates that China, if left alone and freed from ideological pressures, could industrialize more quickly than any other presently underdeveloped nation.
Marxism-Leninism - an expanded form of communism developed by Lenin from doctrines of Karl Marx; Lenin saw imperialism as the final stage of capitalism and shifted the focus of workers' struggle from developed to underdeveloped countries.
Note that while we are giving away our agricultural surpluses to communist and socialist nations, we, under the 1961 foreign aid bill (as under previous ones), are subsidizing agricultural production in the underdeveloped countries.
The basic argument for foreign aid is that by helping the underdeveloped nations develop, we will keep them from falling under the dictatorship of communism.
The fund must be large enough so that all of the underdeveloped nations of the free world will feel that they will have an opportunity to participate in it.
It has sizeable but underdevelopedhydropower capacity.
Extensive hydrocarbon/natural gas reserves could prove a boon to this underdeveloped country if extraction and delivery projects were to be expanded.
Despite this high growth rate, Laos remains a country with a underdeveloped infrastructure, particularly in rural areas.
