Developing nations must assert economic sovereignty without rejecting globalization, Rabah Arezki writes in a guest commentary.

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 ...

NEW YORK (Reuters) -Leaders of developing countries threatened by climate change told rich nations at the United Nations General Assembly that they are falling far short of promises to fund measures ...

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 ...

Since the first industrial revolution in the 18th century, technological innovation has driven human prosperity – though unequally. Nations with physical infrastructure, such as factories, steam ...

Add Yahoo as a preferred source to see more of our stories on Google. FILE - Chinese Premier Li Qiang, right, shakes hands with Director-General of the World Trade Organization Ngozi Okonjo-Iweala, in ...

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 ...

WASHINGTON, Dec. 3, 2024—Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year high in 2023, the World Bank’s latest ...

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 ...