Here's what a third world problem looks like, you don't have power because someone cut down the power poles in your neighborhood to use as firewood, so you walk

Here's what a third world problem looks like, you don't have power because someone cut down the power poles in your neighborhood to use as firewood, so you walk to the market to buy some cooking oil but the "vegetable oil" ends up making your kids sick because it isn't vegetable oil but instead oil from inside the transformer that used to be on those power poles. You complain but the mayor's brother owns the shop and threatens you, maybe he decides to bulldoze your house on a whim. You have no recourse for any of this. While no where is perfect, that behavior is the exception instead of the rule in first world nations. As such consumers feel confident in spending money and that trust is seen in the economic results. People come from the world over to join these first world economies and invest in them, fleeing places without economic justice and rule of law.