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 ?
1 -- The Trump administration is currently seriously reviewing the pros and cons of continuing the Generalized System of Preferences (GSP) to developing and less-developed countries in conformity with its disinterest in promoting democracy, rule of law and human rights overseas, the basis of GSPs objectives.
Since industrialized countries generally have larger corporate sectors than less-developed countries, corporation income taxes in developed countries tend to be greater in relation to national income and total government revenue-except in major mineral-producing areas of less-developed countries.
In this context, Kuwait is exerting great efforts to create local and international partnerships to achieve the SDGs, as well as provide financial aid to Developing Countries and Less-Developed Countries. On September 25th 2015, countries adopted a set of 17 goals to end poverty, protect the planet, create equality and ensure well-living for all.
While covering developed countries, this overview of urban transport development around the world highlights conditions in less-developed countries. The book aims to be readable to a wide audience of researchers and policy makers, offering a special focus on the possibilities and limits of political influence on urban and transport development.
The EDCF is intended to support developing and less-developed countries through delivery of cost-efficient loan facilities.
But only about 40 per cent in developing countries and less than 15 per cent in less-developed countries are online, according to a report by the UN's International Telecommunications Union (ITU).
The demand for affordable monitoring devices in the developed as well as the less-developed countries is expected to propel the market growth of products, such as glucose test strips.
The EDCF is a state-run fund launched in 1987 aimed at helping developing and less-developed countries with loans that carry low interest rates.
"China is also ready to help the less-developed countries and regions in all ways to better develop and use renewable sources of energy," he told the two-day meeting.
There is no doubt that water quality is a major problem in less-developed countries, and we applaud Josh Kearns's efforts to do something about this.
The delegates highlighted on the need to look beyond major competitions like the Olympics and World Cups and focus on the impact of sporting events of lesser profile, which, while not carrying the same weight as their bigger counterparts, can nevertheless play a big role in galvanising the youth in smaller and less-developed countries. There was also a pledge to share more information between nations which can help in fighting corruption in sports.
The graph at right shows that the trend for populations in more-developed countries is different from that of populations in less-developed countries. The U.N.