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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 countries within this area are generally the more economically developed. The "South" therefore encompasses the remainder of the Southern Hemisphere, mostly consisting of KFCs. Another possible dividing line is the Tropic of Cancer with the exceptions of Australia and New Zealand.
This is an accepted version of this page This is the latest accepted revision, reviewed on 27 February 2025. Country with a developed economy and infrastructure "Industrial nation" redirects here. For the magazine, see Industrialnation. Not to be confused with Developing country. For the investing classification, see Developed market. Developed countries (IMF) Developing countries (IMF) Least ...
[4] [5] The terms low and middle-income country (LMIC) and newly emerging economy (NEE) are often used interchangeably but refers only to the economy of the countries. The World Bank classifies the world's economies into four groups, based on gross national income per capita: high, upper-middle, lower-middle, and low income countries.
Various indicators are used to quantify how countries perform on each dimension. The indicators used in the 2022 report were life expectancy at birth; expected years of schooling for children; mean years of schooling for adults; and gross national income per capita. The indicators are used to create a health index, an education index and an ...
World Development Indicators have improved relative to the year 1990. 75% of poverty reduction shown happened in China. [1]International development or global development is a broad concept denoting the idea that societies and countries have differing levels of economic or human development on an international scale.
However, the principal importing countries are Germany, USA, UK, France and Italy. Others were Spain, Netherlands, Hong Kong, Denmark, Canada, Belgium, Dubai and Chile. Country-wise export of sports goods is given in table-2. In the international market, India, Japan, Taiwan and South Korea are the main competitors of Pakistan.