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 different course.

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 ...

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 ...

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 ...

Discover which country spends the most on research and development, as a percentage of gross domestic product. See where countries focus their R&D spending.

For a country to be classified as "developed", it must meet certain standards and posses specific, necessary features. Chief among these features is the availability of modern amenities such as good ...

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 ...

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 ...

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 ...