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 ...

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 ...

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 ...

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 ...

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 ...

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 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 ...

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 ...

SHANGHAI — China has said it would no longer seek the special treatment given to developing countries in World Trade Organization agreements — a change long demanded by the United States. Commerce ...

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 ...

Whether you are a wealthy first-world country or a developing nation, China has proven to be an untrustworthy partner that only looks out for itself while exploiting the trust of those willing to work ...