The World Bank says developing countries paid 741bn dollars more in principal and interest on their external debt than they ...

Developing countries saw record $741B debt outflows in 2022–2024. World Bank’s new report shows rising costs, record restructurings, and mounting risks.

By Libby George LONDON, Dec 3 (Reuters) - The gap between developing nations' debt servicing costs and new financing hit a ...

Developing countries face significant challenges in achieving their primary goals of poverty alleviation, reducing unemployment, and minimizing inequality. It’s shocking that “GREEN” policymakers are ...

These countries stand out because of their high level of development. People in these countries usually have a better quality of life, access to technology, and longer life expectancy. Developed ...

The global financial position has remained stable since the April 2024 world economic outlook update from the IMF. According to the IMF July 2024 update, global economic growth is expected to be at ...

For the first time in half a century, debt service expenditures by developing countries are exceeding the inflow of new ...

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 ...

The global economy is “undergoing one of its most turbulent periods in decades,” according to a recent World Economic Forum (WEF) report, with geopolitical instability, trade realignments, and ...

While energy is clearly the path to national development, given their role in the climate crisis, should developing countries be allowed to develop them? It is beyond a doubt that the countries that ...

In this article, we will discuss the 15 African Countries with the Potential to Develop Soon and Become a First World Nation. You can skip our detailed analysis of the African economy and see the 5 ...

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 ...