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 ...
Discover what defines a newly industrialized country—economies transitioning from agriculture to industry, with notable GDP growth yet shy of being fully developed.
By VICTOR DADA Developing countries stand at a historic turning point. Their current socio-economic struggles: deepening poverty, weak institutions, infrastructural collapse, elite capture, political ...
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