Less-developed countries

Less-developed countries (LDCs)

Also known as emerging markets. Countries who's per capita GDP is below a World Bank-determined level.

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.
References in periodicals archive ?
grantor's burden to collect the required data from foreign grantees, especially from smaller grantees or those in less-developed countries.
However, the vast majority of CRT shipments will be to less-developed countries, as more advanced markets will almost completely switch over to LCD monitors by the end of the forecast period.
Other countries facing similar pension threats and reduction in the labour force include the European Union, Japan and many less-developed countries.
However, he notes, the global economy goes far beyond just the dollar's impact, citing the current era an "amazing time" for less-developed countries.
Creation and development of sporting infrastructure in less-developed countries was another topic that drew special attention, and Qatar, among others, stressed on the need to help such countries.
But the country's media regularly portray a thriving sex industry involving prostitutes from China, Vietnam, Thailand and other less-developed countries in the region, and often disguised as massage operations.
defines the more-developed countries as those in Europe and North America, plus Australia, New Zealand, and Japan; the less-developed countries are in Africa, Asia, Latin America, and Oceania.
This edition updates average starting salary figures for selected majors, figures on family income distribution and poverty rates, the article on fair pay for women, the chapter on environmental economics, business cycles and unemployment data, money supply figures, and information on inflation, fiscal policy, the changing economic character of the US compared to other countries, federal deficits and national debt, monetary policy, international trade and finance, and growth and less-developed countries.
Furthermore, this trend will likely continue for many years given the growing market in less-developed countries.
Some of our investigations target the needs of people in less-developed countries.
The EDCF is a fund mainly aimed at helping less-developed countries through low interest rate loans.