Economically developed countries are characterized by a high level of production, both tangible and intangible. Among all sectors, the service sector prevails the most.
As you know, the role of marketing in the economic development of the country is very high. This contributes to progress in various sectors of the state economy. Thus, economically developed countries are characterized by a progressive infrastructure, including transport, communications, services, trade, etc., as well as a block of social services. The latter, in particular, include sports, education, healthcare and more.
Economically developed countries apply high technology in various manufacturing sectors. Innovative technologies are characterized, as you know, by low material and labor intensity, an increased share of R&D expenses, as well as those industries that are responsible for the production of technological services. These include consulting, software and more.
Economically developed countries are moving from the creation of services and consumer goods to the manufacture and implementation of innovations. This allows us to form new boundaries of economic activity, which is based on qualitative changes in technology and regulation of consumption and production.
The foundation of the competitiveness of states is personnel and scientific knowledge. Economic development along a new path in these countries is manifested in the manufacture and subsequent commercial use of new goods, production methods. The development of new sales platforms and new raw materials is also being carried out. Strengthening the information economy, which is based on new knowledge, allows the concentration of international rents. This leads to the fact that rich states get richer, while the poor continue to get poorer. In this case, uneven economic development of countries is clearly manifested.
Progressive states dominate the global market. They occupy the most profitable niches of deep processing products, intellectual objects and services (licenses, patents, trademarks, etc.).
Developed economies are characterized by the intersection of global capital flows. Thus, global financial centers are formed. These include London, Chicago, New York, Tokyo and others. In all these international centers, large-scale financial operations are carried out, exceeding the volume of payments in the framework of world trade by tens of times. At the same time, transnational corporations and banks, rather large financial and credit institutions act as participants. About ninety percent of the loaned international market capital is placed within the states of the Organization for Economic Development and Cooperation.
Due to the effective structure of exchange and production, the highest indicators are achieved in terms of the level and quality of life.
Countries developed economically include Canada, the USA, Austria, Belgium, Greece, Bulgaria, Spain, Italy, Estonia, Latvia, France, Lithuania, Sweden, Poland, Great Britain, Germany, Romania and others. Also included in this category are states such as New Zealand, Australia, Japan, Iceland, Norway, Switzerland. Among the countries with developed economies include Taiwan, Hong Kong, Singapore, South Korea. Such states as, for example, Mexico and Turkey, despite the fact that according to many criteria are more developing, are included in the number of developed by territorial grounds. Turkey is part of Europe. And Mexico is a party to NAFTA (North American Free Trade Agreement).