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This is an accepted version of this page This is the latest accepted revision, reviewed on 6 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 ...
The following list, including the Four Asian Tigers and new Eurozone European Union countries (except for Czech Republic), were historically considered developing countries and regions until the 1990s, and are now listed as advanced economies (developed countries and regions) by the IMF. Time in brackets is the time to be listed as advanced ...
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 ...
NICs are countries whose economies have not yet reached a developed country's status but have, in a macroeconomic sense, outpaced their developing counterparts. Such countries are still considered developing nations and only differ from other developing nations in the rate at which an NIC's growth is much higher over a shorter allotted time period compared to other developing nations. [3]
Creating and modifying species (mainly improving their physical and mental capabilities), bio-machines, eliminating genetic disorders (gene therapy), new materials production, [89] healthier and cheaper food, creating drugs and vaccines, research in natural sciences, bioremediation, [90] detecting arsenic, [91] CO2 reducing superplant, [92]
Biobased economy, bioeconomy or biotechonomy is an economic activity involving the use of biotechnology and biomass in the production of goods, services, or energy. The terms are widely used by regional development agencies, national and international organizations, and biotechnology companies.
Otherwise, these countries will fall into the middle income trap. [ 9 ] Starting from around 2000, economists Yang Xiaokai and Lin Yifu had a famous academic debate about " backward disadvantage " and "backward advantage", [ 10 ] and their debate was essentially about whether the economic development of late-developing countries should take the ...
In Trotsky's theory of imperialism, the domination of one country by another does not mean that the dominated country is prevented from development altogether, but rather that it develops mainly according to the requirements of the dominating country. For example, an export industry will develop around mining and farm products in the dominated ...