How Wall Street helped turn poor countries into permanent debtors

Vietnam, for example, was once one of the poorest countries in the world. But a series of economic reforms in the late ’80s — ...

What Are Newly Industrialized Countries? Definition & Examples

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

Developing Countries’ Debt Outflows Hit 50-Year High During 2022-2024

WASHINGTON, December 3, 2025—Developing countries paid out $741 billion more in principal and interest on their external debt than they received in new financing between 2022 and 2024—the largest gap ...
World Bank

International Standards Proliferate, Reshaping Global Economy: Too Many Developing Countries Are Left Behind, Report Finds

WASHINGTON, Dec. 11, 2025— A proliferating set of international standards—covering everything from food labeling to the specifications of 5G cellular networks—is steadily reshaping the global economic ...
The Conversation

Climate disasters will send many countries into a debt spiral – but there’s a way out

After years of disciplined reform and painful sacrifice, Jamaica had done what few global debt specialists thought possible. Through tough and sometimes controversial spending cuts and fiscal ...