Developed and Developing Countries: An Overview It's difficult to determine how best to quantify the difference between developed and developing countries. Although gross domestic product (GDP) is one ...

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 ...

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 ...

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 ...

At an economics conference in the early 1960s, one speaker began his presentation on development by citing India as an example. Before he could continue, an economist interrupted and asked: “What ...

2021 commemorates the 50th anniversary of the creation of the least developed country (LDC) category by the United Nations. In March 1971, the Committee for Development Policy (CDP) identified the ...

To meet Prime Minister Narendra Modi’s ambitious goal of reaching developed-country status by 2047, India must overhaul its labor market, trade policies, and education system. Without bold structural ...