Least-Developed Countries (LDC)
Contents
Unveiling the Reality of Least-Developed Countries (LDCs)
Understanding the Complexity of Least-Developed Countries
Least-developed countries (LDCs), also known as less-developed countries, represent nations facing significant structural obstacles to sustainable development. These countries, as listed by the United Nations, grapple with economic vulnerability, limited human assets, and environmental challenges.
Exploring International Support Measures for LDCs
The United Nations Committee for Development Policy (CDP) has devised measures to assist LDCs in accessing and benefiting from international support. These measures aim to address the unique needs and challenges faced by LDCs, facilitating their development and progress towards sustainable growth.
Criteria for Identifying Least-Developed Countries
The criteria used by the UN to designate LDCs include income thresholds, human asset indicators, and economic vulnerability indices. These metrics assess the economic, social, and environmental conditions within a country, guiding decisions on international support and assistance.
Graduation from the LDC Category
While the LDC category is intended to be temporary, graduation from this classification is rare and significant. Over the years, only a handful of countries have successfully graduated from the LDC category, marking notable progress in their development journey.