developing economy

USAGE SUMMARY

"developing economy" is grammatically-correct and can be used in written English.
For example, you could write: "The government's economic stimulus package is designed to help promote a developing economy."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

54 human-written examples

Furthermore, analysis of a multi-group SEM is performed by dividing countries into developed and developing economy groups.

Journal of Shipping and Trade

Ghana had a well-developed educational system, accredited universities, two medical schools and a peaceful developing economy.

International Journal of Emergency Medicine

"It's still very much a developing economy".

The New York Times

There's a stagnation of souls, even with a developing economy".

The New York Times

India, along with China, is still considered a developing economy.

The New York Times

In this Russia, corruption is not quite a scourge but a symptom of a developing economy.

The New York Times - Arts

Human-verified similar examples from authoritative sources

Similar Expressions

6 human-written examples

These large but 'difficult to recover' heavy oil reservoirs holds the answer to Sultanates 'ever-developing' economy.

Journal of Petroleum Exploration and Production Technology

Tata's Nano has a comparatively simple design tailored to developing-economy consumers.

Harvard Business Review

And developing-economy enterprises trying to move into first-world markets have to change their operating models, too.

Harvard Business Review

He said China had the world's largest population, military prowess and a fast-developing economy.

The New York Times

It might be a little too grand, some skeptics say, for a still-developing economy of 47 million people.

The New York Times

Expert writing Tips

Best practice

When discussing international economics, be specific about the indicators that define a "developing economy", such as GDP per capita, level of industrialization, or human development index.

Common error

Don't assume all "developing economies" face the same challenges. Each nation has unique circumstances that affect its economic trajectory. Focus on specific details and evidence-based analysis.

Linguistic Context

The phrase "developing economy" functions primarily as a noun phrase, acting as a descriptor for a country or region undergoing economic growth and industrial advancement. Ludwig AI indicates this phrase is grammatically correct and commonly used.

Expression frequency: Very common

Frequent in

News & Media

35%

Science

30%

Formal & Business

20%

Less common in

Encyclopedias

5%

Academia

5%

Wiki

0%

Ludwig's WRAP-UP

The phrase "developing economy" is a commonly used and grammatically correct term to describe a nation undergoing economic growth and industrialization. Ludwig AI's analysis of numerous sources reveals that it's most frequently encountered in news, scientific, and formal business contexts. While alternatives like "emerging market" or "growth economy" exist, each carries slightly different connotations. When using the term, it's crucial to be specific about the economic indicators and avoid broad generalizations. The term implies potential and change but also unique challenges and opportunities for the countries it describes.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

emerging market

Focuses on the investment aspect and potential for high growth in an economy.

newly industrialized country

Refers to a nation that has recently achieved a significant level of industrialization.

transitional economy

Highlights the shift from one economic system to another.

growth economy

Emphasizes the rate of economic expansion.

less developed country

Points to a lower level of industrialization and income compared to more advanced nations.

lower-middle income country

Specifies the income bracket as defined by international organizations.

low-income nation

Directly refers to the income level of the country.

industrializing nation

Highlights the process of industrial development.

up-and-coming economy

Suggests a promising future and potential for rapid advancement.

advancing economy

Indicates progress and improvement in economic conditions.

FAQs

How to use "developing economy" in a sentence?

You can use "developing economy" to describe a nation that is in the process of economic growth and industrialization. For instance: "The government implemented new policies to support the "developing economy"."

What can I say instead of "developing economy"?

Alternatives to "developing economy" include "emerging market", "growth economy", or "industrializing nation", depending on the specific context.

What are the key characteristics of a "developing economy"?

Key characteristics often include a lower GDP per capita, ongoing industrialization, improvements in infrastructure, and efforts to improve social and economic conditions for its citizens.

Is there a difference between "developing economy" and "emerging market"?

While the terms are often used interchangeably, "developing economy" generally refers to the broader economic state of a country, while "emerging market" specifically highlights investment opportunities and financial market potential.