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  • Developing country is a term generally used to describe a nation with a low level of material well-being. Since no single definition of the term developed country is recognized internationally, the levels of development may vary widely within so-called developing countries, with some developing countries having high average standards of living. Countries with more advanced economies than other developing nations, but which have not yet fully demonstrated the signs of a developed country, are categorized under the term newly industrialized countries. Kofi Annan, former Secretary General of the United Nations, defined a developed country as follows. "A developed country is one that allows all its citizens to enjoy a free and healthy life in a safe environment." But according to the United Nations Statistics Division, And it notes that The UN also notes According to the classification from IMF before April 2004, all the countries of Eastern Europe (including Central European countries...
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  • Developing country
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