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The elite youth have the money, but crave the higher living standards of developed nations.
But while it is affordable by the standards of developed nations, there is an obvious cost to supplying it to the millions of children at risk in the developing world.
With a large manufacturing sector by the standards of developed countries, its export-oriented firms are riding the wave of global industrial expansion.
Also, even though the amount is very low by the standards of developed countries, Japan is increasingly open to foreign investment.
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Nor is it expensive, even by the standards of developing nations.
However, while Argentina's stance was not that peculiar by the standard of developing countries, where inward-looking development strategies were the norm, it was unusual by the standard of the rich countries, the club to which ostensibly Argentina wished to belong, or rather remain.
Our power grid is, by the standards of the developed world, shockingly unreliable.
Britain currently needs 26,500 more doctors and 47,700 more nurses to match the standards of other developed countries at an estimated cost of £5bn.
By the standards of most developed countries, Britain hardly dares to tax expensive property at all; council-tax rates in poor boroughs are higher than in rich ones.
Benchmarks are established standards of operation developed by a given group or industry generally designed to improve outcomes.
The health of the jobs market matters for every country, but more so in the US because by the standards of the developed world, it has a relatively ungenerous welfare state.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com