Least developed countries being badly hit by world downturn

The world financial and economic crisis has reversed recent growth trends in the world’s poorest nations, according to a report just issued this morning by the United Nations Conference on Trade and Development (UNCTAD). The Fourth United Nations LDC Conference, held last year in Istanbul, resulted in a Programme of Action that sets a target of having at least half … Continue reading

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Poorest countries need to adopt a new approach

The UN Conference on Trade and Development (Unctad) has just published its “Least Developed Countries Report 2009”, which looks at the world’s 49 poorest countries.   The report says the Least Developed Countries (LDCs) need to focus macroeconomic policy on building up both the productive capacity of their economies and infrastructure. Also, they need to ensure that their fledgling banking … Continue reading

Posted by Nigel Tree | Comments Off on Poorest countries need to adopt a new approach