Abstract:

The paper is devoted to some aspects of the problem of the gap between the wealthy developed Northern countries and poor and developing Southern ones. It also demonstrates the number of unsolved issues in the countries of the “third world” and processes of backwardness there. The article investigates some causes of the emergence of this problem, as well as ways of solution that were already implemented at the global level, and describes some future prospects concerning the concept of “North - South divide”.

Keywords: world economic order, problem of backwardness, developed and developing countries, international relationships, North–South divide