RAS History & PhilologyAsia and Africa Today

  • ISSN (Print) 0321-5075
  • ISSN (Online)2782-2389

LEAST DEVELOPED COUNTRIES IN AFRICA: PROSPECTS OF DEVELOPMENT

PII
S0321-50750000617-4-
DOI
10.31857/S50000617-4-1
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume / Issue 7
Pages
42-47
Abstract
A least developed country (LDC) is a country that, according to the United Nations, exhibits the lowest indicators of socio-economic development, with the lowest Human Development Index ratings of all countries in the world.Today there are 49 least developed countries in the world. Most of them - 70% (34 states) are in Sub-Saharan Africa (SSA), where they make up the bulk of the countries in the region.There are three main criteria used to determine the status of LDC: a low level of gross domestic product (GDP) per capita, weak development of human potential, high degree of economic vulnerability. The author focuses on the problems and prospects of development of the LDCs in Africa, the peculiarities of economic growth at the present stage.
Keywords
Sub-Saharan Africa, least developed countries, prospects of development
Date of publication
01.07.2014
Number of purchasers
1
Views
1213

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