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How are the Less Developed Countries Doing?

How are the Less Developed Countries Doing?

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Published by Andy Sumner
How are the Less Developed Countries Doing?
How are the Less Developed Countries Doing?

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Categories:Types, Research
Published by: Andy Sumner on Oct 16, 2010
Copyright:Attribution Non-commercial

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05/23/2011

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Poverty Trends in theLeast Developed Countries (LDCs)1990 vs 2007/8
WDI data; group data not population weighted; no data for Tuvalu
 
LDCs 1990 vs 2007-8
L
arge increase in population: 531m to 801m;
10 of 49
L
DCs account for 68% of 801m;
GN
I per capita (US$ PPP) rose from about $900 toalmost $2000 or average annual growth of 4.5%;
Some differences evident by fragile/non-fragile
L
arge differences by
L
IC/MIC -14
L
DCs areMICs/HICs (mainly islands).
 
The bad news
GN
I % to poorest quintile barely changed intwenty years (around 5-6%);
Still very high poverty rates;
Still structural handicap e.g. illiteracy 51%; Fallin aid dependency but still high -19% of 
GN
I to16% of 
GN
I;
Huge variations across
L
DC group.

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