One of the most hotly debated topics in
It is a debate of particular relevance in Africa, which is home to a large number of countries in the Third World category.
It also has some of the fastest-growing economies in the world.
In recent years, economists have used the terms “developed countries” to denote First World and “emerging markets” to refer to Third World countries. We believe that the use of these terms camouflages the extent of underdevelopment and challenges faced by the poorest. The terms are also viewed as a means of excusing First World responsibility to provide material support and solidarity.
