Monday, April 04, 2011

Least Developed Countries can break out of poverty trap

According to a United Nations report Compact for Inclusive growth and prosperity, half the world’s 48 least developed countries (LDCs) can “graduate” out of their impoverished status within 10 years if they benefit from better targeted development aid, duty- and quota-free access for exports and doubled farm productivity and school enrollment. Full report available on the UN site.

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