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

Discover how industrialization boosts economic growth in LDCs, its benefits, challenges, and examples like Hong Kong's rise ...

Out of approximately 195 countries, there are 152 developing countries in the world. An estimated 6.74 billion people in total live in these developing countries; an outstanding number when comparing ...

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 ...

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 ...

In this article, we take a look at the 30 least developed countries and their characteristics. If you would like to skip our detailed analysis of the world’s least-developed countries, you can ...

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 ...

The global financial position has remained stable since the April 2024 world economic outlook update from the IMF. According to the IMF July 2024 update, global economic growth is expected to be at ...

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 ...