Summary
Least developed countries
The UN Conference on Trade and Development's 'The Least Developed Countries 1996 Report' raises issues on the role of developing countries on the liberalization and globalization of the world economy. It states that current economic trends may lead to the marginalization of less developed nations from the world economy. The report also notes that least developed countries will continue to suffer poor growth rates and international trade and that their economic gap with developed nations will widen further.See the full content of this document
Extract
Marginalisation of the LDCs.
Few African countries have not yet felt the impact of the globalisation of the world economy. For a very few this represents an opportunity to make the crossover to the ranks of the developed nations; for the rest, this is a process to which they are little more than sp...
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