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This is an accepted version of this page This is the latest accepted revision, reviewed on 17 January 2025. Country with a developed economy and infrastructure "Industrial nation" redirects here. For the magazine, see Industrialnation. Not to be confused with Developing country. For the investing classification, see Developed market. Developed countries (IMF) Developing countries (IMF) Least ...
Since the late 1990s, countries identified by the UN as developing countries tended to demonstrate higher growth rates than those in the developed countries category. [ 40 ] To moderate the euphemistic aspect of the word "developing", international organizations have started to use the term less economically developed country for the poorest ...
Since many of the countries that are considered to be a part of the Global South were once colonized by Global North countries, they are at a disadvantage to become as quickly developed. Dependency theorists suggest that information has a top-down approach and first goes to the Global North before countries in the Global South receive it.
This is an accepted version of this page This is the latest accepted revision, reviewed on 1 February 2025. World map of countries or territories by Human Development Index scores in increments of 0.050 (based on 2022 data, published in 2024) ≥ 0.950 0.900–0.950 0.850–0.899 0.800–0.849 0.750–0.799 0.700–0.749 0.650–0.699 0.600–0.649 0.550–0.599 0.500–0.549 0.450–0.499 0. ...
It is the basis for international classifications such as developed country, developing country and least developed country, and for a field of practice and research that in various ways engages with international development processes. There are, however, many schools of thought and conventions regarding which are the exact features ...
They try to find by what characteristics they can measure development by looking at economic, political and social factors. They seek to understand both the geographical causes and consequences of varying development. Studies compare More Economically Developed Countries (MEDCs) with Less Economically Developed Countries (LEDCs).
Developmental state, hard state, State-led developmentalism or in some cases Neo-developmental state [1], is a term used by international political economy scholars to refer to the phenomenon of state-led macroeconomic planning in East Asia in the late 20th century.
A high-income economy is defined by the World Bank as a country with a gross national income per capita of US$14,005 or more in 2023, calculated using the Atlas method. [1] While the term "high-income" is often used interchangeably with "First World" and "developed country," the technical definitions of