The Least Developed Countries Report 2008

Growth, Poverty and the Terms of Development Partnership

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This report assesses recent trends in growth and poverty in the least developed countries (LDCs), as well as changes in terms of development partnership. It discusses the fact that rapid economic growth in the LDCs has been associated with a slow rate of poverty reduction and slow progress towards the Millennium Development Goals. The report also considers progress towards country-owned development strategies in LDCs and the role of recipient- led aid management policies at the country level as a practical policy mechanism to strengthen country ownership.

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Country classification used in this Report

The least developed countries covered in this report consist of all the countries in that category in 2007. Cape Verde is therefore included even though it has now graduated (see box below). The 50 LDCs covered are subdivided, for the purpose of analysis, according to (a) geographical groups and (b) export specialization.

English Spanish, French

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