, Finland, France, Germany, Greece, Hong Kong, Iceland, Ireland,
Israel, Italy, Japan, South Korea, Luxembourg, Netherlands, NZ, Norway,
Portugal, Singapore, Spain, Sweden, Switzerland, Taiwan, UK, US; note -
this group would presumably also cover the following seven smaller
countries of Andorra, Bermuda, Faroe Islands, Holy See, Liechtenstein,
Monaco, and San Marino that are included in the more comprehensive
group of "developed countries"
centrally planned economies: a term applied mainly to the
traditionally Communist states that looked to the former USSR for
leadership; most are now evolving toward more democratic and market-
oriented systems; also known formerly as the Second World or as as the
Communist countries; through the 1980s, this group included Albania,
Bulgaria, Cambodia, China, Cuba, Czechoslovakia, GDR, Hungary, North
Korea, Laos, Mongolia, Poland, Romania, Serbia and Montenegro, USSR,
Vietnam
countries in transition: a term used by the International Monetary
Fund (IMF) for the middle group in its hierarchy of advanced economies,
countries in transition, and developing countries; IMF statistics
include the following 28 countries in transition: Albania, Armenia,
Azerbaijan, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Czech
Republic, Estonia, Georgia, Hungary, Kazakhstan, Kyrgyzstan, Latvia,
Lithuania, Macedonia, Moldova, Mongolia, Poland, Romania, Russia,
Serbia and Montenegro, Slovakia, Slovenia, Tajikistan, Turkmenistan,
Ukraine, Uzbekistan; note - this group is identical to the group
traditionally referred to as the "former USSR/Eastern Europe" except
for the addition of Mongolia
developed countries (DCs): the top group in the hierarchy of developed
countries (DCs), former USSR/Eastern Europe (former USSR/EE), and less
developed countries (LDCs); includes the market-oriented economies of
the mainly democratic nations in the Organization for Economic
Cooperation and Development (OECD), Bermuda, Israel, South Africa, and
the European ministates; also known as the First World, high-income
countries, the North, industrial countries; generally have a per capita
GDP in excess of $10,000 although four OECD countries and South Africa
have figures well under $10,000 and two of the excluded OPEC countries
have figures of more than $10,000; the 34 DCs are: Andorra, Australia,
Austria, Belgium, Bermuda, Canada, Denmark, Faroe Islands, Finland,
France, Germany, Greece, Holy See, Iceland, Ireland,
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