Energy & Green Tech

Research ushers in a 'new frontier' in tackling global poverty

With electricity comes prosperity, right? The answer might seem obvious—that electricity is key to economic growth and other societal benefits like better health. But in the world's most impoverished regions, where resources ...

Security

Costa Rica chaos a warning that ransomware threat remains

Teachers unable to get paychecks. Tax and customs systems paralyzed. Health officials unable to access medical records or track the spread of COVID-19. A country's president declaring war against foreign hackers saying they ...

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Developing country

Developing country is a term generally used to describe a nation with a low level of material well being. There is no single internationally-recognized definition of developed country, and the levels of development may vary widely within so-called developing countries, with some developing countries having high average standards of living.

Some international organizations like the World Bank use strictly numerical classifications. The World Bank considers all low- and middle- income countries as "developing". In its most recent classification, economies are divided using 2008 Gross National Income per capita. In 2008, countries with GNI per capita below US$11,905 are considered developing. Other institutions use less specific definitions.

Countries with more advanced economies than other developing nations, but which have not yet fully demonstrated the signs of a developed country, are grouped under the term newly industrialized countries.

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