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World economy & globalization

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Developing countries, emerging economies & industrialized countries easily explained

There are about 194 countries on earth, or rather: states. These can consist of small islands, such as Palau. And there are so-called giant countries like India or Russia. Which country has which economic status in the world economic order is differentiated by the terms developing country, emerging country and industrialized country. In this article,Read More »Developing countries, emerging economies & industrialized countries easily explained