The idea of ‘developing’ is controversial. On the one hand, the word developing often implies inferiority, and is used as a synonym of underdeveloped. On the other hand, developing is the present participle of to develop, which literally means to bring out the capabilities or possibilities of something and a process of evolving toward a more advanced or effective state.
For instance, a developing country is defined in terms of a lower standard of living, less-developed industrial base, and lower Human Development Index in comparison with other developed countries. This is a prevailing understanding of the term developing. Arguably, the status of being ‘developing’ can nevertheless be a great asset to a country. It can provide energy and space to initiate a series of sustainable paradigm shifts, including reshaping values, changing rules of action, ways of living and production, and ultimately reforming the whole society and economy. The rapidly changing dynamics in developing countries make major transformations possible.