Introduction The phrase Third World was initially used in the Cold War period to represent those countries that were neither on the West – NATO nations referred to as the first world countries, nor on the East-Communist bloc referred to as second world countries (World Book Inc. 2000, 212). The term in the contemporary world is now mainly to represent countries that are economically superior and underdeveloped. These countries are mainly in the African continent, Middle East Arab world, Latin America and those in the Oceania regions. All of these countries have more or less the same characteristics. These include extreme poverty, high birthrates, high illiteracy levels, and economic inclination and dependency on the advanced countries. Poverty has been the main menace facing third world countries. These countries have been unable to escape poverty and in fact are getting poorer by the day the main causes being poor governance, corruption, wars, poor policies, illiteracy, diseases, brain drain among others. Poor Governance The system of government is the key to development. Government organs are in charge of many crucial key sectors of the human life. Governance directly affects social and economic sectors. Almost all over the world, it is the work of the government to provide security, health care, business permits and licensing, education, infrastructure and other crucial services. The services under the government dossier are so important that the system of government can make or break a nation (Mittal 1995, 68). In Third World Countries, most of the systems of government are not properly functioning. Most of the Third World Governments have aspects of dictatorship. Those, which have been democratically elected to office, refuse to leave office and abuse their powers immensely. They are like gods and idols as their decisions do not entertain any for of contradiction or challenging and those that dare are either detained or assassinated. This is evident in many countries like Zimbabwe where the president has ruled since independence. He has been oppressing the opposition, detaining and publicly battering the leader of the opposition. In Libya, it is the same case as the president there; Muammar Gadhafi took power through a military coup and has since ruled for forty-two years. Neither, elections are held in Libya, nor any political tolerance. In Egypt, the former president Hosni Mubarak had ruled for thirty years and only left office after a revolution by the masses. In the Far East like Myanmar, military coups have been the order of the day; those that oppose the government of the day being detained without trial. In Latin America like Venezuela, the leaders are dictatorial and oppress the freedom of expression. It is also in these Third World Countries that political monarchs still exist. There are no democratic elections rather succession of families rule for generations. The leaders in power are thus not qualified to lead nor competent and accountable. All of the politically active monarchs are in the third world countries like Swaziland, Morocco, Jordan, Oman, Brunei, Tonga and Kuwait. Some of these countries like Swaziland are the poorest in the world while the others have the highest political dissatisfaction. In fact, most of