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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 office has several roles for its client group. For the Programme of Action for the Least Developed Countries, it helps to ensure implementation of the program and supports the UN Economic and Social Council in assessing progress. It supports follow-up of the Almaty Declaration and Programme of Action for Transit Transport Cooperation ...
The Economic vulnerability index is one of the criteria used by the United Nations Committee for Development Policy, [1] an advisory body to the United Nations Economic and Social Council, [2] in the identification of Least Developed Countries. [3] It is a composite of eight indicators: [4] Population size; Remoteness; Merchandise export ...
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 ...
G90 nations, unable to enforce or afford countervailing measures, or compete with the subsidized economies of wealthier nations, formed the trade block in order to ensure a collective voice on issues of importance to landlocked and island economies, less developed countries, and commodity-dependent nations.
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]
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.