Developing Nation definition
Developing Nation means a country which, according to the OECD Development Assistance Committee, belongs to income group L (low), LM (low middle) or UM (upper middle).
Developing Nation means any nation that is not classi- fied as a “high-income enconomy” by the World Bank.
Developing Nation means any nation that is not classified as a "high-income enconomy" by the World Bank.