Concept
Least developed countries
Related concepts (16)
South Asia
South Asia is the southern subregion of Asia, which is defined in both geographical and ethnic-cultural terms. As commonly conceptualised, South Asia consists of the countries predominantly Afghanistan Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, Topographically, it is dominated by the Indian subcontinent and defined largely by the Indian Ocean in the south, and the Himalayas, Karakoram, and Pamir mountains in the north. The Amu Darya, which rises north of the Hindu Kush, forms a part of the northwestern border.
Bhutan
Bhutan (buːˈtɑːn ; Druk Yul ʈuk̚˩.yː˩), officially the Kingdom of Bhutan (Druk Gyal Khap), is a landlocked Southern Asian country, which is situated in the Eastern Himalayas, between China in the north and India in the south. A mountainous country, Bhutan is known locally as "Druk Yul" or "Land of the Thunder Dragon", a name reflecting the cultural heritage of the country. The exonym Bhutan likely derives from the Prakrit hybrid word Bhŏṭṭaṃta, a name referring to its geographical proximity to Tibet.
International development
International development or global development is a broad concept denoting the idea that societies and countries have differing levels of economic or human development on an international scale. It is the basis for international classifications such as developed country, developing country and least developed country, and for a field of practice and research that in various ways engages with international development processes. There are, however, many schools of thought and conventions regarding which are the exact features constituting the "development" of a country.
World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference.
Millennium Development Goals
The Millennium Development Goals (MDGs) were eight international development goals for the year 2015 that had been established following the Millennium Summit of the United Nations in 2000, following the adoption of the United Nations Millennium Declaration. These were based on the OECD DAC International Development Goals agreed by Development Ministers in the "Shaping the 21st Century Strategy". The Sustainable Development Goals (SDGs) succeeded the MDGs in 2016.
Developing country
A developing country is a sovereign state with a less developed industrial base and a lower Human Development Index (HDI) relative to other countries. However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category. The terms low and middle-income country (LMIC) and newly emerging economy (NEE) are often used interchangeably but refers only to the economy of the countries.
Total fertility rate
The total fertility rate (TFR) of a population is the average number of children that would be born to a female over their lifetime if: they were to experience the exact current age-specific fertility rates (ASFRs) through their lifetime they were to live from birth until the end of their reproductive life. It is obtained by summing the single-year age-specific rates at a given time. , the total fertility rate varied widely across the world, from 0.78 in South Korea to 6.73 in Niger.
Yemen
Yemen (ˈjɛmən; al-Yaman), officially the Republic of Yemen, is a country in West Asia. It is located in the southern end of the Arabian Peninsula, and borders Saudi Arabia to the north and Oman to the northeast. It shares maritime borders with Eritrea, Djibouti and Somalia. Covering and having a coastline of approximately , Yemen is the second-largest Arab sovereign state on the Arabian Peninsula. Sanaa is its constitutionally stated capital and largest city. The country's population is estimated to be 34.
Purchasing power parity
Purchasing power parity (PPP) is a measure of the price of specific goods in different countries and is used to compare the absolute purchasing power of the countries' currencies. PPP is effectively the ratio of the price of a basket of goods at one location divided by the price of the basket of goods at a different location. The PPP inflation and exchange rate may differ from the market exchange rate because of tariffs, and other transaction costs.
Poverty reduction
Poverty reduction, poverty relief, or poverty alleviation is a set of measures, both economic and humanitarian, that are intended to permanently lift people out of poverty. Measures, like those promoted by Henry George in his economics classic Progress and Poverty, are those that raise, or are intended to raise, ways of enabling the poor to create wealth for themselves as a conduit of ending poverty forever. In modern times, various economists within the Georgism movement propose measures like the land value tax to enhance access to the natural world for all.