Originally Posted by DWC CAP10 USAF

3rd World Countries List

Because the evolutions of the worldly segmentations have become somewhat historic and obsolete, the definition or classification of a third world country is not necessarily precisely defined.

As such, one of the best barometers for assessing a list of Third World countries is MSCI’s Frontier Markets Index. This Index includes the countries of:

• Croatia
• Estonia
• Lithuania
• Kazakhstan
• Romania
• Serbia
• Slovenia
• Kenya
• Mauritius
• Morocco
• Nigeria
• Tunisia
• WAEMU
• Bahrain
• Jordan
• Kuwait
• Lebanon
• Oman
• Bangladesh
• Sri Lanka
• Vietnam