单词 | less developed country |
释义 | less developed country = (LDC) A country with less advanced technology and/or lower income levels than the advanced industrial countries. Most LDCs have high dependence on primary sector in their production, and more so in their external trade. Most have low average incomes, though a few of the smaller oil exporters such as Kuwait have per capita incomes comparable to those in industrial countries. Being an LDC is a matter of degree. Many countries in Sub-Saharan Africa are LDCs on any possible criterion, but many of the newly industrialized country (NICs) such as China have a mixture of very poor primary producing sectors and more advanced industry. Members of the Organization for Economic Cooperation and Development (OECD) are not classed as LDCs, though Turkey, which is a member, has lower per capita income than some NICs. The former planned economies of the ex-USSR and Eastern Europe present similar problems of classification: Tadjikistan is clearly an LDC, and the Czech Republic and Russia are clearly not, but many are hard to classify. |
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