CURRENT AFFAIRS

Detailed explanation-1: -In an article, Discussion on Global South, Mendez discusses emerging economies in nations like China, India and Brazil. It is predicted that by 2030, 80% of the world’s middle-class population will be living in developing countries.

Detailed explanation-2: -We use the list curated each year by the United Nations’ Finance Center for South-South Cooperation. As of early 2022, the list includes 78 countries in all.

Detailed explanation-3: -The phrase “Global South” refers broadly to the regions of Latin America, Asia, Africa, and Oceania. It is one of a family of terms, including “Third World” and “Periphery, ” that denote regions outside Europe and North America, mostly (though not all) low-income and often politically or culturally mar-ginalized.

Detailed explanation-4: -Countries from the Global South lack the resources that they need to stop relying on fossil fuel for its economic growth, which leads to short-term and long-term problems that deprives them of the opportunities to progress.