Energy transition as a global challenge for developing countries

the article examines the problem of the economy of developing countries through the prism of their ranking according to the following key criteria: current income level (in terms of GDP), inclusion in world trade, economic specialization and level of institutional development. Based on the data analysis, countries are classified into three main groups: high-income countries among developing countries, middle-income countries and low-income countries. For each group, priority areas of reform are proposed, taking into account their economic specifics and institutional features. Methods: To achieve the stated objectives of the study, an integrated approach was used, including analysis of data provided by leading international and national organizations, as well as the use of economic, statistical and comparative analysis methods. Findings: The study confirms the importance of an integrated approach to the analysis of developing countries through the prism of these criteria. The ranking allows not only to identify the key problems of each group of countries, but also to propose adapted reform strategies aimed at increasing their competitiveness in the global economy. Conclusions: The proposed approach promotes more efficient use of resources to achieve sustainable growth and reduce the socio-economic gap between countries.

developing countries, economic development, inclusion in world trade, institutional reforms, energy transition