Discover what defines a newly industrialized country—economies transitioning from agriculture to industry, with notable GDP growth yet shy of being fully developed.

At an economics conference in the early 1960s, one speaker began his presentation on development by citing India as an example. Before he could continue, an economist interrupted and asked: “What ...

The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...

The Himalayan country will move up to developing country status from its current status as a Least Developed Country in November 2026. Nepali Prime Minister K P Sharma Oli called it “a matter of pride ...