The gap in health, education and wealth between the world’s most and least-developed economies has reached its highest level in almost a decade, as high levels of post-pandemic debt limited poorer countries’ ability to invest.
The latest Human Development Index, a UN initiative, signals that the coronavirus pandemic ended two decades of convergence between the world’s most and least developed economies.
The development gap between the top and bottom groups of countries last year returned to the same levels as 2015, widening at a record pace over the preceding two years, according to the report released on Wednesday by the UN’s Development Programme.
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