- developing country
- A country of modest economic standing. The economies of developing countries tend to be dominated by agricultural sectors and the supply of *raw materials, and are therefore vulnerable to fluctuations in *commodity *prices. Alternative terms for developing country include less developed country (LDC), *Third World country, and (collectively) the *South. There are many international institutions that work to assist the economic progress of developing countries. Examples include the *African Development Bank Group, *Asian Development Bank, the International Development Association of the *World Bank, and several other agencies of the *United Nations. Contrast *developed country.
Auditor's dictionary. 2014.
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Developing country — A developing country, also known as a less developed country, is a nation with a low level of material well being. Since no single definition of the term developing country is recognized internationally, the levels of development may vary… … Wikipedia
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developing country — /dɪˌveləpɪŋ kʌntri/, developing nation /dɪˌveləpɪŋ neɪʃ(ə)n/ noun a country which is not fully industrialised … Dictionary of banking and finance
developing country — noun a country that is poor and whose citizens are mostly agricultural workers but that wants to become more advanced socially and economically • Hypernyms: ↑state, ↑nation, ↑country, ↑land, ↑commonwealth, ↑res publica, ↑body politic … Useful english dictionary
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developing country — n. country in which the average standard of living is significantly lower than it is in countries with widespread industrial production and development, underdeveloped nation … English contemporary dictionary
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