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The least developed countries (LDCs) are developing countries listed by the United Nations that exhibit the lowest indicators of socioeconomic development.The concept of LDCs originated in the late 1960s and the first group of LDCs was listed by the UN in its resolution 2768 (XXVI) on 18 November 1971.
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]
The impetus for that major statistical effort was the Great Depression and the rise of Keynesian economics, which prescribed a greater role for the government in managing an economy, and made it necessary for governments to obtain accurate information so that their interventions into the economy could proceed as well-informed as possible.
The economy of India is a developing mixed economy with a notable public sector in strategic sectors. [5] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 141th by GDP (nominal) and 125th by GDP (PPP). [58]
Multi-dimensional clustering system: with the understanding that different countries have different development priorities and levels of access to resources and institutional capacities [27] and to offer a more nuanced understanding of developing countries and their characteristics, scholars have categorized them into five distinct groups based ...
Composition of India's total production of foodgrains and commercial crops, in 2003–04, by weight. India ranks second worldwide in farm output. Agriculture and allied sectors like forestry, logging and fishing accounted for 18.6% of the GDP in 2005, employed 60% of the total workforce [13] and despite a steady decline of its share in the GDP, is still the largest economic sector and plays a ...
The world-system of the 15th and 16th centuries was very different from the world-system of today. Several areas were beginning to develop into trading powers, but none were able to gain total control. For this reason, a core and periphery developed in each region as opposed to a global scale.
The education system of India is the world's second-largest. [452] India has over 900 universities, 40,000 colleges [453] and 1.5 million schools. [454] In India's higher education system, a significant number of seats are reserved under affirmative action policies for the historically disadvantaged.