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Less Developed Country |
Also found in: Dictionary/thesaurus, Medical, Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
Less Developed Country A country with lower GDP relative to other countries. Less developed countries are characterized by little industry and sometimes a comparatively high dependence on foreign aid. Less developed countries often undertake programs of development, with greater or lesser interventions on the part of the national governments. They are major borrowers from organizations such as the World Bank. While no strict definition of which countries are less developed exists, most countries that do not belong to the OECD are considered less developed. See also: International development. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Brazil becomes the first developing country to provide ART through its public health system. ``The Armenian officials that I met with are very excited about it because they recognize that one of the ways as a developing country they're going to progress is to count on the expertise and the products that would come from a place like California,'' said Sen. Belize's government is proud to be viewed as a model of a developing country able to protect its environment and resources, while simultaneously welcoming foreign business and trade. |
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