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Search Results - Least developed countries

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Least Developed Countries (LDCs or Fourth World countries) are countries which according to the United Nations exhibit the lowest indicators of socioeconomic development, with the lowest Human Development Index ratings of all countries in the world. A country is classified as a Least Developed Country if it meets three criteria [1] based on

Countries may "graduate" out of the LDC classification when indicators exceed these criteria. The United Nations Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States coordinates UN support and provides advocacy services for Least Developed Countries.

The classification currently (as of April 16, 2008) applies to 49 countries.[2]

In 2007, the United Nations graduated Cape Verde from the category of Least Developed Countries. This is only the second time it has happened to a country.[3] The first country to graduate from LDC status was Botswana in 1994. Samoa may become the third country to graduate in this manner [4], with a decision on this issue scheduled for 2008.

Showing 1 to 1 of 1 Articles matching 'Least developed countries' in related articles.
Pages: 1

1. To be or not to be, that is the question
November 17, 2008

China, due to its semi-closed and less-developed financial system, is one of the countries least affected by the financial crisis devastating the free economic world. This sentence is not available in the situation of Chinese recent economy. May be this enables the Chinese to stay largely aloof, taking a detached attitude in their observation and discussion of the crisis, but Chinese financial system is not able to avoid the world financial tsunami. News from echinacites proves that China economy has been influenced. Table shows China's steady economic growth over the 5 years. Mainstream... (read more)

Author: rona a

Pages: 1


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