Developed countries include all 28 members of the European Union (including newly acceded members that are regarded as "transition economies"), other non-EU western European countries and territories (including Switzerland, Norway, Iceland, etc.) The group also includes the United States, Canada, Japan, Australia, New Zealand and South Korea – now a member of the OECD (which is the group of leading advanced economies
Why is economic growth so weak in many advanced countries?
Economic recession and weak growth in the Euro Area
What factors have contributed to persistent recession in the Euro Area?