Developing countries

Home/Tag: Developing countries

Up to 150 million could join extreme poor, World Bank says

Up to 150 million people could slip into extreme poverty, living on less than $1.90 a day, by late next year depending on how badly economies shrink during the COVID-19 pandemic, the World Bank said Wednesday in an outlook grimmer than before.

Middle income-countries are expected to have 82% of the new

5 Examples of Social Entrepreneurship in Developing Countries

Today, social entrepreneurship is growing rapidly in size, scope and support. An unprecedented number of organizations are using entrepreneurship as a strategy to address social problems like poverty, at-risk youth and hunger. Social entrepreneurs are developing creative and innovative organizations that give people the tools, education and resources to become an entrepreneur. As entrepreneurs, they

How can developing countries make the most of the digital revolution?

Digital technologies have been transforming the global economy. Yet many countries have yet to experience the full developmental benefits of digital technologies, such as inclusive and sustainable growth, improved governance, and responsive service delivery. Given the magnitude of change in competitive advantage that digital technologies can confer on adopters, the risks of slow or poor

The influence of generic drug production on developing countries

Due to the difficulty in accessing drugs from brand-name pharmaceutical companies, most patients in developing nations are heavily relying on less-expensive generic drugs.

One inhibiting issue is that of patenting and intellectual property protection. The World Trade Organization’s law stipulates that patents should last for 20 years from the registration date. This presumably will provide the