Developing Countries (eBook, ePUB)

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There is no universally accepted definition of a "developing country"; however, it is acknowledged that almost two-thirds of the countries in the world are significantly challenged in their ability to provide a basic standard of living for their citizens and participate competitively in the global economy. Many of the developing countries are highly industrialized and have become significant players in world trade (e.g., Brazil, Russia, India and China, which are referred to generally as the BRIC emerging markets). On the other hand, the so-called "less developed countries", or "LDCs", are tru...

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