Colombia’s Economic Development Beyond “Third World” Labels
Words: 562 1501The term "Third World" has historical roots dating back to the Cold War, describing nations that were not aligned with either the NATO bloc or the Soviet Union. Over time, the term became synonymous with poverty and underdevelopment. Applying this label to Colombia, however, does not adequately capture the complexities of its modern socio-economic reality. Colombia, a diverse country with an array of challenges and opportunities, has shown significant progress in recent decades that defies such simplistic categorization. In the […]