A developed economy is one with sustained economic growth, security, high per-capita income, and advanced technological infrastructure.

According to the OECD, there are only 37 countries belonging to the developed countries list. In contrast, there are 152 developing countries. At least, that’s the number according to the definition ...

We’re almost a quarter of the way through the 21st century, and the past 25 years or so have been a tale of two economies when it comes to bridging the gap between the world’s richest and poorest ...

This week, officials from around the world are meeting in Seville for a landmark event in the development policy calendar: the 4th International Conference on Financing for Development. The previous ...

According to a report by the International Monetary Fund (IMF), the growth in developing economies is expected to remain steady at 4.2% in 2024 and 2025. This stability is attributed to the fact that ...

Many low-income and emerging market countries face an increasingly precarious economic future as they grapple with mounting debt burdens. Creditors include international financial institutions, the ...

The 2025 United Nations (UN) Human Development Report published earlier this month reveals an unprecedented slowdown on the Human Development Indices (HDI) in all regions of the world, along with ...

The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief. By Alan Rappeport Reporting from Washington Soaring inflation saddled developing ...

In a globalized economy, remittances are a pivotal financial flow for developing economies. These cross-border payments not only support individual livelihoods, but they also help alleviate poverty by ...

Whether you use “Third World” or “Developing” to describe a certain country, both terms mean the same thing: poor. But it didn’t always mean that. During World War I, First World was used to refer to ...

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