By Denis Fitzgerald, writing on The Interdependent:
“The United Nations first devised its list of Least Developed Countries (LDCs) in 1971. More than 40 years later, only three countries have graduated, which means that their Gross National Income per capita has exceeded $1,190 as of 2012, and they have attained other development and economic indicators.
There is no one characteristic that defines the 48 LDCs, which are home to about 880 million people. Some are beset by internal conflict—Afghanistan and the Central African Republic, to name two. Others are small island states affected by climate change and isolation, such as Kiribati and Vanuatu, while there are also nations that are landlocked and detached from international markets, such as Lesotho and Bhutan.
The LDCs are the countries that have made the least progress toward achieving the Millennium Development Goals (MDGs). And with negotiations on the post-2015 development agenda picking up pace, these are the countries that have the most at stake from the future direction of the world’s development priorities.”
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