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 ...

The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief. By Alan Rappeport Reporting from Washington Soaring inflation saddled developing ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. In a year marked by global economic uncertainty, ...

Out of approximately 195 countries, there are 152 developing countries in the world. An estimated 6.74 billion people in total live in these developing countries; an outstanding number when comparing ...

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 ...

Casa dos Ventos wind turbines operate in Serra da Babilonia in Morro do Chapeu, Bahia state, Brazil, on May 17, 2023. Maria Magdalena Arrellaga/Bloomberg—Getty Images As the world accelerates efforts ...

LONDON, Nov 7 (Reuters) - The amount of finance provided to developing countries to help them adapt to the impacts of climate change is far short of the $359 billion a year needed even after the ...

The violent protests that began in Nairobi in June appeared to erupt suddenly, a direct response to the government’s proposal of a contentious finance bill the month before. But the economic crisis ...

Jodi-Ann Jue Xuan Wang received funding to attend Cop29 from the London School of Economics Grantham Research Institute on Climate Change and the Environment, where she also conducts research as a ...

President and CEO at Mastercard Ajay Banga (L) and CEO at the World Bank Kristalina Georgieva speak on stage at the 8th Annual Women In The World Summit at Lincoln Center for the Performing Arts in ...