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 ...
Rich nations built their wealth on coal, oil and gas. Now the world is asking poorer countries like Mozambique to chart a ...
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 ...
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 ...
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 ...
FILE - Chinese Premier Li Qiang, right, shakes hands with Director-General of the World Trade Organization Ngozi Okonjo-Iweala, in Tianjin, ahead of the annual World Economic Forum New Champions ...
In the geopolitical scenario, this identity strengthens China's narrative by presenting itself as a leader and spokesperson for the Global South, as well as the leadership of important blocs such as ...
Developing countries face significant challenges in achieving their primary goals of poverty alleviation, reducing unemployment, and minimizing inequality. It’s shocking that “GREEN” policymakers are ...
Developing countries need oil and gas resources to meet their needs for affordable and reliable energy, but that doesn’t mean that they shouldn’t be incentivized to transition to cleaner forms of ...
Each year, more than $13 trillion in public procurement contracts are awarded worldwide. In low-income countries, these contracts make up a substantial portion of the economy. But research suggests ...