In recent decades,
A)all countries classified as DVCs have had little or no economic growth.
B)some nations classified as DVCs have grown rapidly, while others have grown very slowly or not at all.
C)all countries classified as DVCs have experienced rapid economic growth and rising living standards.
D)all countries classified as low-income DVCs have had declining per capita GDPs.

Question

Quizplus · Accepted Answer

Some nations classified as Developing and Vulnerable Countries (DVCs) have indeed experienced rapid economic growth, particularly those that have successfully integrated into the global economy through trade and investment. Others, however, have struggled with various challenges such as political instability, lack of infrastructure, and external debt, leading to slow growth or stagnation. This variability in economic performance among DVCs is well-documented in economic literature and reports by international organizations.

In Recent Decades