Classification of Countries – Developed Countries, UDCs and LDCs

Developed Countries High-income countries Upper-middle-income countries Lower-middle-income countries Low-income countries Undeveloped countries Least developed countries Developed countries are nations with a high level of economic development and a high standard of living. They are typically characterized by high levels of industrialization, urbanization, and technological advancement. Developed countries also tend to have high levels of education … Read more

Least Developed Countries Fund

The Least Developed Countries Fund (LDCF) is a multi-donor fund that provides grants and concessional loans to the least developed countries (LDCs) to help them achieve the Millennium Development Goals (MDGs). The LDCF was established in 1971 by the United Nations Conference on Trade and Development (UNCTAD) and is administered by the United Nations Development … Read more