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Least developed countries, landlocked developing countries and small island developing states are all sub-groupings of developing countries. Countries on the other end of the spectrum are usually referred to as high-income countries or developed countries .
This is an accepted version of this page This is the latest accepted revision, reviewed on 17 January 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 ...
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.
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.
Economic classification of the world's countries and territories by the UNCTAD in 2023: the Global North (i.e., developed countries) is highlighted in blue and the Global South (i.e., developing countries and least developed countries) is highlighted in red. [1] [2] [3]
It is the basis for international classifications such as developed country, developing country and least developed country, and for a field of practice and research that in various ways engages with international development processes. There are, however, many schools of thought and conventions regarding which are the exact features ...
Developing countries owe Chinese lenders at least $1.1 trillion, according to a new data analysis published Monday, which says more than half of the thousands of loans China has doled out over two ...
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.