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The Fourth UN Conference on Least Developed Countries (LDC-IV) was held in Istanbul, Turkey, on 9–13 May 2011. It was attended by Ban Ki-moon, the head of the UN, and close to 50 prime ministers and heads of state. The conference endorsed the goal of raising half the existing Least developed countries out of the LDC category in 2022.
The landlocked developing countries (LLDC) are developing countries that are landlocked. [1] Due to the economic and other disadvantages suffered by such countries, the majority of landlocked countries are least developed countries (LDCs), with inhabitants of these countries occupying the bottom billion tier of the world's population in terms of poverty. [2]
In world systems theory, the periphery countries (sometimes referred to as just the periphery) are those that are less developed than the semi-periphery and core countries. These countries usually receive a disproportionately small share of global wealth .
The term "Global South", in contrast, was intended to be less hierarchical. [4] Compared to the alternatives, the term has been deemed useful as it constitutes a lens through which this group of countries keep seeing and narrating their problems in a distinctive way vis-à-vis "developed" countries in Europe, North America and Asia. [21]
Also, the recipient country becomes more dependent on aid from a donor country (the country giving aid). Whilst the above conception of aid has been the most pervasive within development geography work, it is important to remember that the aid landscape is far more complex than one directional flows from 'developed' to 'developing' countries.
Aid dependent countries are associated with having a lowly motivated workforce, a result from being accustomed to constant aid, and therefore the country is less likely to make economic progress and the living-standards are less likely to be improved. A country with long-term aid dependency remains unable to be self-sufficient and is less ...
For example, if the GNI per capita is less than US$1,025 (as of 2018) the country is regarded as a least developed country. [ 63 ] Human resource weakness (based on indicators of nutrition , health, education and adult literacy ).
Under Article 4 CARICOM breaks its 15 member states into two groups: Less Developed Countries (LDCs) and More Developed Countries (MDCs). [32] The countries of CARICOM which are designated as Less Developed Countries (LDCs) are as follows: [32] Antigua and Barbuda; Belize; Commonwealth of Dominica; Grenada; Republic of Haiti; Montserrat