Developing country

Thuong Lai

No jm67q, OSF Preprints from Center for Open Science

Abstract: A developing country is a sovereign state with a lesser developed industrial base and a lower Human Development Index (HDI) relative to other countries. However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category. The term low and middle-income country (LMIC) is often used interchangeably but refers only to the economy of the countries.

Date: 2022-07-10
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:jm67q

DOI: 10.31219/osf.io/jm67q

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