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Curated category

Economic country classifications

  • Group of 77The Group of 77 began with a single document signed on the 15th of June 1964. Seventy-seven nations, most of them newly independent, put their names to what…
  • G20The G20 brings together 19 sovereign nations, the European Union, and the African Union - a collection of governments whose member states alone account for…
  • Developing countryDeveloping country is a term that appears in textbooks, international treaties, and UN reports, but no one can fully agree on what it means.
  • BRICSBRICS began as a line in a Goldman Sachs research paper, and became one of the most debated geopolitical groupings of the 21st century.
  • Developed countryDeveloped country is a label that shapes how trillions of dollars move around the world, which nations receive aid, and which governments sit at the tables…
  • Third WorldThird World is a term born in crisis, coined not by a politician but by a demographer named Alfred Sauvy. On the 14th of August, 1952, his article appeared…
  • World Bank high-income economyThe World Bank high-income economy classification draws a single bright line across the globe: a gross national income per capita of US$13,935 or more in…
  • Second WorldThe Second World was one of three categories that Cold War strategists used to divide all of humanity. At its core sat the Soviet Union, founded in 1922, and…
  • G8A 1975 summit hosted by France brought together representatives of six governments: France, Germany, Italy, Japan, the United Kingdom, and the United States.
  • First WorldFirst World is a geopolitical label that carries more history than most people realize. It did not begin as a measure of wealth or living standards.
  • G7The G7, the Group of Seven, began not in a grand hall of international diplomacy but in a library. On the 25th of March 1973, George Shultz, the United…