Latest Developing nations News & Updates

New Delhi, June 12 (IANS) India’s steady economic ascent supported by sustained growth, a young population and resilient democratic institutions is poised to challenge the notion that authoritarianism is a necessary shortcut to rapid development, a new report has said.The report from India Narrative said that India’s consistent growth trajectory refutes long‑standing assumptions that political repression is required to build modern industrial and technological capacity.India’s arrival as a g…

Washington, April 16 (IANS) Global conflicts and supply chain disruptions are adding to economic stress in developing countries, with the Intergovernmental Group of Twenty-Four (G-24) warning that recent gains on inflation and growth are at risk.Speaking at a press briefing during the Spring Meetings, G-24 Chair Olawale Edun said: “Numerous political crises and conflicts globally have significantly impacted… populations and further strained the fragile global economy, with particularly adver…