Some developing country governments spend years making the reforms that international financial institutions want—only to find that their efforts are not rewarded. They may make budgets more ...
8 November 2024 - There are 32 countries classified as Landlocked Developing Countries (LLDCs): 16 are in Africa, five in Asia, eight in the Commonwealth of Independent States and South-Eastern Europe ...
Landlocked Developing Countries (LLDCs) lack territorial access to the sea, leaving them dependent on transit neighbors for a route to world markets. This geographic disadvantage drives up transport ...
IN ONE OF his final acts of global engagement, Pope Francis convened a Jubilee Commission of experts—including ourselves and other leading experts in debt and development—at the Vatican to address a ...
Out of approximately 195 countries, there are 152 developing countries in the world. An estimated 6.74 billion people in total live in these developing countries; an outstanding number when comparing ...
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 ...
The world agreed to a new climate deal at COP29 in Baku, Azerbaijan, Saturday, with wealthy countries pledging to provide $300 billion annually by 2035 to poorer countries to help them cope with the ...
Key actors are beginning to ask what the system of sovereign debt as a whole needs to provide. Photo by Lionel Bonaventure/AFP via Getty Images Some developing country governments spend years making ...
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