Definition of First World Many of the countries made rich by extracting oil reserves since the end of the Cold War, like Venezuela, Saudi Arabia, United Arab Emirates, Qatar, and others are now also considered economically developed First World countries.
First world nations are those described as highly-developed industrialized, technologically-advanced, educated, and wealthy. In contrast to developing (second world) and less-developed (third world) countries, the first world is seen to enjoy many benefits such as a relatively high quality of life and prosperity.
The UAE is a country which exist since 1971 and never support either side of the conflict. It was never the First world country and neither was it ever part of them. The UAE is a developing country though and gains more and more influence in the World Economy.
The term also includes other industrialized countries such as Japan and some of the former British colonies, particularly Australia, New Zealand, and South Africa.
A strong and open economy
Australians enjoy some of the highest living standards in the world despite being home to only 0.3 per cent of the global population. Since 1992, our economy has grown faster than any other major developed country.
The term Third World was originally coined in times of the Cold War to distinguish those nations that are neither aligned with the West (NATO) nor with the East, the Communist bloc. Today the term is often used to describe the developing countries of Africa, Asia, Latin America, and Australia/Oceania.
With a Human Development Index (HDI) of 0.855, Qatar counts as one of the high developed economies by UN definition. Considering the purchasing power parity, Qatar is among the 10 richest countries in the world and, with an average annual income of 62,310 USD is one of the high-income countries.
It can be defined succinctly as Europe, plus the richer countries of the former British Empire (USA, Canada, Australia, New Zealand, Singapore, South Africa), Israel, Japan, South Korea, and Taiwan.
High Standard of Living
The city is safe, clean, and boasts world-class infrastructure, making it a comfortable place to live. Dubai's crime rate is notably low, largely due to strict laws and effective enforcement. This makes it a secure environment for individuals and families alike.
However, it is important to remember that Africa is not a country, but rather a continent. It also is home to some countries that are considered part of the First World, such as South Africa, Egypt, Mauritius, and Libya.
Definition of First World
Modern journalists using the term First World countries are typically describing the most industrialized nations. This includes all of the major actors on both sides of the Cold War: the United States, Russia, China, United Kingdom, France, Germany, Spain, Australia, and more.
In a socio-economic sense, similar to those assumed by the terms First and Third world in the post-Cold War environment, the clearest definition for the Second World would be newly industrialized countries such as Thailand, India, Malaysia, Philippines, Turkey, Mexico, and Brazil.
Prior to 1971, the Trucial Sheikdoms of Abu Dhabi, Dubai, Sharja, Ajman, Umm al-Qaiwain, Fujairah, and Ras al-Khaimah were under a British protectorate. As such, the United States had a very limited relationship with the sheikdoms.
For example, Saudi Arabia, as previously noted, is technically a “Third World” country, but it obviously does not meet the qualifications mentioned above. The three worlds additionally do not take into account the emerging economies of countries like Brazil and India.
The seven sheikdoms were formerly known as the Trucial States, in reference to the treaty relations established with the British in the 19th century.
Hong Kong is a highly developed territory and has a Human Development Index (HDI) of 0.952, ranking fourth in the world. The city has a very low homicide rate, the second highest life expectancy, and a public transport rate exceeding 90%.
By the first definition, some examples of second world countries include: Bulgaria, the Czech Republic, Hungary, Poland, Romania, Russia, and China, among others.
Kuwait is a developing country with a high-income economy, backed by the world's sixth largest oil reserves. The Kuwaiti dinar is the highest valued currency in the world.
United Arab Emirates( UAE ) is a developed country whereas Bangladesh, India and Nepal are developing countries because UAE has more manpower in tertiary sector than primary and secondary.
Based on the analysis presented in this article, it is clear that Dubai is not a Third World Country. The term “Third World Country” is no longer an accurate measure of a country's development status, and it is not applicable to Dubai.
The United States, Canada, Japan, South Korea, Western European nations and their allies represented the "First World", while the Soviet Union, China, Cuba, North Korea, Vietnam and their allies represented the "Second World".
Australia, officially the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands.
Australia is “working to become a third-world country” through its economic dependence on mining natural resources for export and reliance on coalmining, according to doomsday ecologist Paul Ehrlich.
The world's 12th largest economy
Strong growth in 2021 solidified Australia's position as the world's 12th largest economy in 2021. Nominal GDP was around A$2.2 trillion (US$1.6 trillion) in 2021. Australia is home to just 0.3% of the world's population, but accounts for 1.7% of the global economy.