The phrase "least developed countries" is typically spelled using the IPA phonetic transcription as /liːst dɪˈvɛləpt ˈkʌntriz/ . The "ea" in "least" is pronounced as "ee" and the "o" in "developed" sounds like "uh." The stress in the word falls on the second syllable of "developed." The final word, "countries," is straightforward, with the emphasis on the first syllable and each vowel pronounced separately. This phrase refers to nations that are struggling with poverty, economic instability and underdevelopment.
Least developed countries (LDCs) are a classification of nations that are considered to be the most economically and socially vulnerable in the world. This category was established by the United Nations (UN) to draw attention to the specific challenges faced by these countries and to design appropriate policies and support mechanisms to assist them in their development efforts.
LDCs are identified based on various indicators, including low gross national income (GNI) per capita, low human assets, and high economic vulnerability. Specifically, countries in this category exhibit a low-income level, a weak human capital base, and a high degree of economic instability. These nations often struggle with severe poverty, limited access to education, inadequate healthcare systems, and scarce infrastructure.
Additionally, LDCs typically face challenges related to limited agricultural productivity, high population growth rates, widespread unemployment, and heavy dependence on foreign aid and international assistance.
Recognizing the unique predicament of least developed countries, the international community, including the UN and various development agencies, has dedicated significant attention and resources to supporting their long-term growth and sustainable development. Assistance is provided in areas such as poverty reduction, education, healthcare, infrastructure development, trade, and investment, aimed at fostering economic growth and improving the overall living conditions of people in these nations.