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The first country to graduate from LDC status was Botswana in 1994. The second country was Cape Verde in 2007. [28] Maldives graduated to developing country status at the beginning of 2011, Samoa in 2014, [6] [29] Equatorial Guinea in 2017, [30] Vanuatu in December 2020, [31] Bhutan in December 2023, [32] and São Tomé and Príncipe in ...
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.
The United Nations Development Programme (UNDP) compiles the Human Development Index (HDI) of 193 nations in the annual Human Development Report.The index considers the health, education, income and living conditions in a given country to provide a measure of human development which is comparable between countries and over time.
A developing country is a sovereign state with a less developed industrial base and a lower Human Development Index (HDI) relative to other countries. [3] However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category.
The country's tourism industry is generally considered to be underdeveloped, but it does provide crucial support for Ukraine's economy. In 2012, the contribution of tourism to the GDP amounted to ₴28.8 billion, or 2.2% of GDP and directly supported 351,500 jobs (1.7% of total employment).
Ukraine [a] is a country in Eastern Europe.It is the second-largest European country [b] after Russia, which borders it to the east and northeast. [c] [10] It also borders Belarus to the north; Poland and Slovakia to the west; Hungary, Romania and Moldova [d] to the southwest; with a coastline along the Black Sea and the Sea of Azov to the south and southeast.
A country with a dictatorship type government is much easier to exploit and corrupt than one with a well-organized, elected government and core countries use this to their advantage. [13] Political unrest is usually a cause for military action from the core countries in order to protect their interests and keep a cooperative dictator or ...
Azerbaijan is among the fastest growing economies in Europe, in part due to the country's growing energy sector. The economy of Cyprus continues to struggle as a result of the ongoing Eurozone crisis and the resulting Cypriot financial crisis.