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Less Developed Countries

Less Developed Countries. Charles Hauss . Comparative Politics. Less Developed Countries (LDCs). Term “3 rd World” is obsolete since Cold War ended. Majority of the world’s countries. Less Developed Countries (LDCs). CHARACTERISTICS Struggle economically Most are fragile democracies.

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Less Developed Countries

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  1. Less Developed Countries Charles Hauss. Comparative Politics.

  2. Less Developed Countries (LDCs) • Term “3rd World” is obsolete since Cold War ended. • Majority of the world’s countries.

  3. Less Developed Countries (LDCs) CHARACTERISTICS • Struggle economically • Most are fragile democracies Charles Hauss. Comparative Politics.

  4. Assessing Levels of Development • Gross Domestic Product per capita (GDP) • The total value of goods and services produced by an economy within the country’s borders, divided by population of the country. • GDP by Sector • Agriculture, Industry, Service • Human Development Index (HDI) • Health, Education, and Income • Freedom House Score • Corruption Index • Failed State Index

  5. Newly Industrializing Countries (NICs) • Top tier of LDCs • Recent economic growth • Emerging democracy • Mexico

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