less developed country

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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.

less developed country (LDC)

A country with relatively low per capita income and little industrialization. Less developed countries have been major borrowers from a number of banks worldwide.

less developed country (LDC)

References in periodicals archive ?
Designated the Advanced Tactical Aircraft (TACAIR) Protection System Program Office, PMA272 took on the role of developing common, integrated aircraft survivability equipment.
For this reason the Montreal Protocol obliged developed nations to cease halon production in 1994, and set a 2010 target date for the developing world.
Major hurdles in trying to use Bramblett and Phelan to achieve capital gain treatment are holding the property for one year and having the property appreciate without developing it.
The various effects might include encouraging the knowledge, skills and dispositions that cannot be assessed by standardized tests, such as participating in a democratic society, developing social skills, learning how to learn and others.
In 2003, the Chief of Staff of the Army (CSA) directed that the Army shift its funding efforts from developing the Battle Command architecture from the bottom-up to one that is focused on developing the architecture from the top-down.
International price cartels cost developing countries at least $10-24 billion per year.
For reasons that remain poorly understood, factors such as race and reproductive history appear to influence a woman's risk of developing fibroids.
However, there is a second way the industrial countries could provide even greater benefits to the developing countries: trade liberalization.
To assess the relationship between use of hormonal contraceptives (primarily the pill) and cervical cancer, the researchers pooled data from four cohort and 24 case-control studies published from 1986 through 2002 on users' risks of developing cervical cancer relative to that of never-users.
Each party has the right to use pre-clinical and clinical data generated by the other party for developing Super-Leu-Dox in their respective territories.
With the credit card market in the developed world still growing, big credit card companies did not focus on the developing world (which includes most of Asia).
In technology, as well, a dramatic shift is taking place in the way the developing world is achieving self-sufficiency rather than dependency.

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