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A country is classified among the Least Developed Countries if it meets three criteria: [2] [3] Poverty – adjustable criterion based on Gross national income (GNI) per capita averaged over three years. As of 2018, a country must have GNI per capita less than US$1,025 to be included on the list, and over $1,230 to graduate from it.
In critical development and postcolonial studies, the concepts of "development", "developed", and "underdevelopment" are often thought of to have origins in two periods: first, the colonial era, where colonial powers extracted labor and natural resources, and second (most often) in referring development as the postwar project of intervention on the so-called Third World.
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]
It was at this time that the countries with the strongest economies and military forces began to exploit those countries with weaker states. [14] A result of this exploitation was the tendency of underdeveloped states or colonies to move more towards the production of one type of export that would then come to dominate their land, territory and ...
It is a standard means of measuring well-being. It is used to distinguish whether the country is a developed, developing, or underdeveloped country, and also to measure the impact of economic policies on quality of life. Countries fall into four broad categories based on their HDI: very high, high, medium, and low human development.
Theorists of this school maintain that the economies of ex-colonial states remain oriented towards serving external rather than internal demand, and that development regimes undertaken in this context have tended to reproduce in underdeveloped countries the pronounced class hierarchies found in industrialized countries while maintaining higher ...
In developing countries around the globe, forest dwellers, poor villagers and other vulnerable populations claim the World Bank — the planet’s oldest and most powerful development lender — has left a trail of misery.
The list has been cited by journalists and academics in making broad comparative points about countries or regions. [ 2 ] [ 3 ] The report uses 12 factors to determine the rating for each nation, including security threats, economic implosion, human rights violations and refugee flows.