1945

Recent economic trends

During the period 2000–2002, the latest years for which data are available, the economic performance of the LDCs as a group continued to improve. Indeed, the average annual real GDP growth rate exceeded that of other developing countries during this period. But there are significant differences amongst the LDCs, with some doing very well and some doing very badly. Moreover, the types of LDCs that did best are those which, during the 1990s, experienced the highest levels of growth instability.

Related Subject(s): Economic and Social Development
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