Global South

Definition

The term "Global South" refers to countries located primarily in the southern hemisphere or developing regions. These countries tend to have lower levels of economic development compared to countries in the northern hemisphere or developed regions.

Related terms

Developing Countries: Developing countries are nations with lower average incomes, less industrialization, and lower human development index scores compared to developed countries.

BRICS: BRICS stands for Brazil, Russia, India, China, and South Africa – five major emerging economies that represent significant portions of the Global South.

Dependency Theory: Dependency theory suggests that developing countries' underdevelopment is caused by their reliance on more powerful developed nations for resources and markets.