France's rate is 1.9, Italy's a mere 1.2. And for the entire developed world it is only 1.5. In contrast, the rate is 3.1 in the less developed world—or 3.5 if China is not included. Baby girls ...

Aggressive investors may decide to invest in the stocks of smaller companies that trade in less-developed, international markets as a way of reaping larger capital gains. These companies are often ...