Countries at very low levels of economic development Flashcards

1
Q

General UN term for LECs?

A

Poorest/economically weakest of developing countries.
Formidable economic, institutional and human resource problems.
Often limited by geographical handicaps and natural and man-made disasters.

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2
Q

How many LECs are there?

A
UN list - 50.
2007 - Cape Town removed.
33 - Africa - all south of Sahara.
Others - southeast sia.
E.g. Afghanistan, Niger, Zambia etc.
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3
Q

What features define LECs? 3

A
  1. Low incomes - less than $800 GDP per capita per year.
  2. Human resource weakness - based on nutrition, health, LE at birth indicators etc.
  3. Economic vulnerability - low level economic diversification.
    Vulnerability also measured by pop. % displaced by natural disasters.
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4
Q

What issues do LECs face/suffer? 4

A
  1. Ongoing/widespread conflict e.g. Sudan civil war.
  2. Political corruption.
  3. Lack of political/social stability.
  4. Form of authoritarian government e.g. dictatorship.
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