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 ...

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 ...

We survey recent research on changing culture and social norms in developing countries and propose a simple framework to interpret these changes. We conceptualize individual utility from a given ...

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 ...

A wave of affordable Chinese-made EVs is accelerating the shift away from petrol cars, challenging long‑held assumptions about how transport decarbonisation unfolds ...

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 ...

The first is that using AI involves the application of statistical methods to identify patterns, propose hypotheses (predictive, generative AI), simulate, and ultimately stimulate scenarios. In other ...

President John Dramani Mahama has called for greater inclusion of developing nations in global decision-making, stressing that the legitimacy and effectiveness of international governance depend on ...

The empirical economics literature on taxation in developing countries has centered on the importance of third-party information for enforcement. Yet, while surely a long-run objective, leveraging ...

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 ...

Most African countries have in-use steel stocks below 1 tonne per capita—less than one-twentieth of industrialised levels.