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Third World |
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In French tiers monde, a term used to describe all of those states which possess neither developed capitalist (‘first world’) nor developed socialist (‘second world’) political and economic systems. The emergence of this expression, which has been attributed to its use by the French economist and geographer Alfred Sauvy in an article in 1952, coincided with the major period of decolonization in the 1950s and early 1960s. The decay or collapse of the Communist command economies, together with the emergence of huge differences in standards of living between groups within the Third World, have rendered the term largely meaningless. See also Least Developed Country; Newly Industrialized Country. |
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