Is the whole world a developing economy now?

The whole world faces higher climate change and security spending, and carries a lot of expensive debt, and the usual sustainable development needs haven’t gone away. And while it’s too much to say that the entire world now looks like a developing economy, the Annual IMF Meetings in Marrakech repeatedly emphasized that the developed world increasingly faces development, environmental, financing and security issues that the developing world has long been used to, says Neuberger Berman.