developingworld
Developing world is a non-technical, umbrella term used to describe countries that, relative to high-income economies, have lower income levels, less industrial diversification, and weaker social and physical infrastructure. It covers nations across Africa, Asia, Latin America and the Caribbean, and the Pacific. The term is commonly used in development policy and international discourse as a broad shorthand, rather than a precise classification.
Terminology and boundaries vary. Some organizations use World Bank income groups (low, lower-middle, upper-middle) to categorize
Common indicators used to characterize the developing world include gross national income per capita, poverty rates,
Critics warn that 'developing' implies a linear, evaluative progression and can obscure within-country disparities and varying
Policy relevance and trends: aid, trade policies, debt relief, investment in infrastructure and human capital, and