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2023 | OriginalPaper | Chapter

Less-Developed Economies as a Group

Authors : Alexander Bulatov, Denis Elagin

Published in: World Economy and International Business

Publisher: Springer International Publishing

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Abstract

This chapter gives an overview of less-developed economies as a group beginning with their differentiation, the peculiarities of their development models, while also covering how the Fourth Industrial Revolution, globalisation and regionalisation impact them. Then it characterises their human capital and innovative development, the specifics of the real and financial sectors, external economic relations and social development.

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Footnotes
1
Strictly speaking, this criterion is not absolute since neither Argentina, nor South Africa is among the largest 20 economies in the world in terms of GDP.
 
3
The Economic Value of Peace 2021: Measuring the Global Economic Impact of Violence and Conflict//Institute for Economics & Peace. Sydney, 2021. https://​www.​visionofhumanity​.​org/​wp-content/​uploads/​2021/​01/​EVP-2021-web-1.​pdf (accessed: 20.02.2022).
 
5
International Federation of Robotics (2021). Presentation World Robotics press conference extended version. https://​ifr.​org/​free-downloads/​.
 
Literature
go back to reference Todaro, M. P., & Smith, S. C. (2020). Economic Development (13th ed.). Pearson. Todaro, M. P., & Smith, S. C. (2020). Economic Development (13th ed.). Pearson.
Metadata
Title
Less-Developed Economies as a Group
Authors
Alexander Bulatov
Denis Elagin
Copyright Year
2023
DOI
https://doi.org/10.1007/978-3-031-20328-2_18

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