The Least Developed Countries Report 1996

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Reviews recent socio-economic development in the least developed countries (LDCs) and the progress in the implementation of support measures. Chapters deal with such issues as possibilities of further debt-relief, role of micro-enterprises and the role of women and environmental problems in the LDCs. The main theme of the 1996 Report is the impact of globalization and liberalization on the LDCs.



Overview: LDCs in a globalizing world economy

The growing interest in both official and private quarters in the phenomenon of globalization and its companion, the process of economic liberalization, has generated much thinking and analysis about its origin, its impact on economies and societies, and on the pattern of its likely evolution. Although much publicity has surrounded some of the analysis, it is clear that these multifaceted phenomena have important implications which governments, businesses and analysts all over the world must address. Much of the analysis and thinking has focused on the more visible aspects of globalization, notably, the sea-changes taking place in the pattern of production, pace of diffusion of knowledge and information and in the convergence of factor markets. Less well understood and analysed, however, is the phenomenon of marginalization.


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