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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]
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]
Aid dependency is an economic problem described as the reliance of less developed countries (LDCs) on more developed countries (MDCs) for financial aid and other resources. More specifically, aid dependency refers to the proportion of government spending that is given by foreign donors. [28]
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.
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 ...
A dual economy is the existence of two separate economic sectors within one country, divided by different levels of development, technology, and different patterns of demand. The concept was originally created by Julius Herman Boeke to describe the coexistence of modern and traditional economic sectors in a colonial economy. [1]
In the Istanbul Programme of Action (IPoA) for the Least Developed Countries (LDCs) for the Decade 2011–2020, adopted in 2011, [2] [3] the Least Developed Countries called for the establishment of a “Technology Bank and Science, Technology and Information supporting mechanism, dedicated to least developed countries which would help improve least developed countries’ scientific research ...