Third World sub-region Research Paper Example | Topics and Well Written Essays - 2750 words

Third World crampfish- field - Research Paper Example disrespect having abundant natural resources, the West African sub region still slugs behind the rest of the world in terms of economic reading. The following brood presents an analysis of the West African region, based on the elements of development and dependency and the effects that they direct had on the regions development. This report will low gear identify the main elements that have been key hindrances to the development in the sub region. The report will conclude by providing a prediction of the future development in the region as well as the factors that will be key in sustaining its long term development.Different regions in the world have varying economies. These variations are based on the GDP per capita of the countries in the region and extend to extreme ends. The West African sub region is comprised of seven countries, or so of which have the lowest GDP per capita in the world. Handelmans definition of a thir d world country is one that is underdeveloped politically, economically and socially. Countries in this sub region fit this description perfectly. These countries have a variety of ethnic tribes and are currently marked by civil war. This sub region is in any case highly populated, with over 290 million people as at 2012, with half of this population living in Nigeria.In this region, most of the countries are low income countries. These countries tip the list of the Worlds poorest countries as shown in the following table. For instance, as at 2011, Liberia had a GDP per capita of $ 440.66, Sierra Leone had $820, Malawi $906.65 (World Bank, 2012). Countries in the West African stand in region are shown in bold.The slow growth and poor GDP among these West African countries have been triggered wars and political turmoil that has been experienced in the region for decades. According to Feed the Future, the GDP in this region has grown at an annual rate of 5.8%