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LDC

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia, Hutchinson 0.01 sec.
LDC

LDC

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.


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Garvey noted that, although the LDC has sold the final lot owned by the town in the industrial park, there are currently two vacant lots in the park, in addition to two buildings in the park for sale.
LDC said that the worstperforming region was the North, which has seen vacancy rates double since the middle of last yea r.
with varying degrees of ferocity as northern regions were hit much harder than elsewhere, according to the LDC.
 
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