Least Developed Countries Need Support #leastdevelopedcountries #foreignaid

Least developed countries in terms of income and ability to support their people need additional support from other countries. Cutting aid and dissolving support to these 47 countries contribute to human misery.

The following three criteria are used by the UN to determine LDC status:

  • Per capita income (gross national income per capita)
  • Human assets (indicators of nutrition, health, school enrollment and literacy)
  • Economic vulnerability (indicators of natural and trade-related shocks, physical and economic exposure to shocks, and smallness and remoteness).

By periodically identifying LDCs and highlighting their structural problems, the United Nations gives a strong signal to the international community to the need of special concessions in support of LDCs.

 

 

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