Does the position of rich countries as giants in the economic chain threaten the status of less developed countries in the global market?
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- ɪɴ ᴀ sᴇɴsᴇ ʏᴇs, ɪᴛ ᴅᴏᴇs ᴛʜʀᴇᴀᴛᴇɴ ᴛʜᴇ sᴛᴀᴛᴜs ᴏғ ᴛʜᴇ ʟᴇss ᴅᴇᴠᴇʟᴏᴘᴇᴅ ᴄᴏᴜɴᴛʀɪᴇs, ғᴏʀ ᴛʜᴇ ᴛɪᴛʟᴇ ɪᴛsᴇʟғ ᴏғ ʙᴇɪɴɢ ᴀ ᴅᴇᴠᴇʟᴏᴘᴇᴅ ᴄᴏᴜɴᴛʀʏ ɪs ᴀ ʜɪɢʜ sᴛᴀᴛᴜs ᴄᴏᴍᴘᴀʀᴇᴅ ᴛᴏ ᴛʜᴇ ᴠᴇʀʏ ʟɪᴠɪɴɢ ᴏʀ ᴛʜᴇ ɴᴏʀᴍᴀʟ sʏsᴛᴇᴍ ᴀɴᴅ ᴘʀᴏɢʀᴇssɪᴏɴ ғʀᴏᴍ ᴏᴛʜᴇʀ ᴄᴏᴜɴᴛʀɪᴇs ᴡʜᴏ ᴡᴇʀᴇ ɴᴏᴛ ʏᴇᴛ ᴏʀ ɴᴏᴛ ᴅᴇᴠᴇʟᴏᴘᴇᴅ.
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In a sense Yes, it does threaten the status of the less developed countries, for the title itself of being a developed country is a high status compared to the very living or the normal system and progression from other countries who were not yet or not developed.
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