• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Third world debt Vs Need for Technology

Extracts from this document...


Third world debt Vs Need for Technology Background and underlying concepts: Many developing countries have very large debts accumulated since the 80's, and the amount of money that they owe is quickly increasing dramatically. Trying to pay off these debts has become a serious problem for these countries, as they now owe money to commercial banks and also to organisations like the World Bank, and the International Monetary Fund, and to First World governments. During the last fifteen years around $1.3 trillion was paid by the third world countries to the developed countries in the form of loan repayments and interest on the loans. Every month around $12 billion is passed on from economically poor counties to the developed countries in debt servicing. In sub-Saharan Africa, some countries spend almost half their national budget on financing debt owed to the rich western nations. This is the reason why these counties cannot invest in technology to develop their own country. The technology market is vast industry that is always changing with time. It is estimated that around 5.5 billion people do not have access to technology such as the Internet, as computer are to expensive for these people. While over half of the UK households are online, only 0.1% of homes in Bangladesh and India have access to the Internet. ...read more.


This will help in educating and training people in developing counties for work and School. IT as an Enabler: Information technology is made up of two main factors, hardware and software that carry complex tasks such as capturing, storing and manipulating data. Information technology is widely use around the world in developed countries. IT has also help in producing a strong economical foundation within these counties, as it enables companies to produce their products more effectively and efficiently. As the technology sector is an ever growing market it is always creating new opportunities for business as well as to the general member of the public. Unfortunately developing counties cannot take full advantage of information technology as they do not the funds to expand their technology as it is always changing with time. Without investment in technology Third World counties cannot create a stable economy within their country. Legal and Ethical Issues: There are numerous legal acts that cover the use technology, such as the Data Projection Act 1998 and Computer Misuse Act 1990. These acts can take-up an enormous role when developing a country using technology. These legislation cover business and individuals from the following scenario * Altering, copying, moving or deleting programmes or files * Using or trying to obtain someone else's password or personal information * Spreading a computer virus (worms, trojans etc) ...read more.


Recommendations: To enable Third World countries to develop many actions have to be taken both by the Third World countries and developed countries. Steps have already been taken in assisting Third World countries by the UK and other leading European countries by trying to cancel all debt owed to these countries. If this is carried out successfully then it will enable the countries to expand their economy as the money they used to pay towards paying of the debts can now invest that money in technology. An excellent approach in developing countries was the simputer, if this technology could be produced in all developing countries, it would allow more users to explore the technology and the Internet. It would also allow people to trade over internet, which would generate money for the economy in their country. However the Third World countries have to take advantage of the help they are receiving then they will not develop and their economy will remain in the same situation. Sources: BBC News: - http://news.bbc.co.uk/1/hi/technology/3578309.stm - Accessed on 08/Feb/05 BBC News: - http://news.bbc.co.uk/1/hi/business/4145007.stm - Accessed on 08/Feb/05 BBC News: - http://news.bbc.co.uk/1/hi/sci/tech/1560771.stm - Accessed on 08/Feb/05 BBC News: - http://news.bbc.co.uk/1/hi/world/south_asia/3437493.stm - Accessed on 10/Feb/05 Her Majesty's Stationery Office: - http://www.hmso.gov.uk/acts/acts1990/Ukpg 19900018 en1.htm - Accessed on 15/Feb/05 Her Majesty's Stationery Office: - http://www.hmso.gov.uk/acts/acts1998/19980029.htm - Accessed on 16/Feb/05 Microsoft.com: - http://www.microsoft.com/presspass/press/2004/aug04/0 811WinXPStarterPilotPR.asp - Accessed on 10/Feb/05 ?? ?? ?? ?? Vrajesh Patel 1 222is ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Design and Technology section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Design and Technology essays

  1. Our modern world relative to Bradbury's.Fahrenheit 451

    When the book was written, TV's were just becoming well known. There were only a few channels, and people only watched them a night or two every week. Maybe cartoons on Saturday morning if you were lucky. It was a special treat that you enjoyed with your family or friends,

  2. Nano technology - Screen technology is a fast changing technology area.

    LCoS LCD and DLP are small compared with the next couple of technology developments for rear-projection TVs. The first, liquid on silicon (LCoS) technology, offers a huge leap in quality. With LCoS, light is shone through a polarising filter and is deflected (or not)

  1. It is important that Sarah is blind having access to speech and Braille output ...

    The first thing that she did when she learned the Braille alphabet was label her collection of cassettes. However, she creates a phone book in Braille. It wasn't long before her treatment teacher introduced me to the Braille. The Braille fascinated me.

  2. The proposed design project is to design, produce and evaluate an innovative recycled clock, ...

    I soon found clock ideas on the Internet and used them as my inspiration. Finding these was a great help. They helped me create an innovative design. 28th/05th/02 This pattern was the major inspiration to my whole design. It features squares in the way in which I created my clock.

  1. Were developing a shoe removal detector which identifies and notifies a person entering the ...

    Advantages More precise since it uses human body radiation to detect. will work even through socks Disadvantages Short range PID can only cover small area. That means visitor will have to set his foot on that small area. > Capacitive touch pad this uses capacitive nature of human body to trigger on the circuit.

  2. Statements, Materials and Technology: Contemporary Chairs and Movements

    austere De Stijl paintings that were to become offices, hotels and skyscrapers were built all over the world (Ibeling 1998). Whatever their design accomplishments, one could argue that their influence was as much the result of their writing and theoretical work.

  1. Report On the Impact of Technology

    3.3.2 An employee may need to be retrained so that they can learn new skills to work the computers. This may need to be done more than once as the rate at which technology is increasing is such that every five years the program is updated and the employee needs new skills to work it.

  2. The Differences and Assimilation of Chinese and American Diet

    They usually are made fresh in restaurants in a variety of sizes length and shapes. There are also one Chinese tradition noodle called ?Chang Shou Mian? are the same sound in Chinese for good health and long life. Secondly, tofu is very popular in Chinese family?s diet options.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work