Development Economics What is An LDC?( Pg 363 & 364.) It is extremely difficult to characterise a typical LDC. One way to define a typical LDC is to use the World Bank's classification in terms of GNP. In terms of international ranking, LDCs are the tend to be the low income countries with a low income per capita. Each of these countries have different characteristics that could explain its development or underdevelopment. Due to these unique …
showed first 75 words of 2471 total

showed last 75 words of 2471 total
…et30d.htm 4. Kirkwood. L, Economics for the Real World 2, 2000, Longman, Brisbane. 5. Phrasebase, Cuba Information, 2004, Phrasebase.com, Accesssed: 21/5/2004 Address: http://phrasebase.com/countries/Cuba.html 6. Phrasebase, Mozambique Information, 2004, Phrasebase.com, Accesssed: 21/5/2004 Address: http://phrasebase.com/countries/Mozambique.html 7. Stanon. R, The Essential Dictionary of Economics, 1998, McGraw-Hill Book Company Pty. Ltd. 8. Tutor2u, Development information Less Developed Countries, 2004, Tutor2u, Accessed: 22/5/04, Address: www.tutor2u.net 9. Wikipedia, Developing Nations, 2004, Wikipedia, Acessed: 10/5/04, Address: www.en.wikipedia.org.