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http://www.edexcel.com/migrationdocuments/GCE%20Curriculum%202000/127729_5_4a_Factors_affecting_economic_growth16_01_03.pdf here's the link...you can read about it there.

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Q: What are the factors affecting economic growth in LDC?
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When averaged for all less developed countries which rate is lower for LDC's than MDC's?

Crude death rate (CDR)


Is Maldives a developed or developing country?

As of 2010, it is currently a LDC. ( Least Developed Countries ). However, the Maldives is due to graduate to a developing country on January 1st 2011.


What is the difference between MDCs and LDCs?

1. MDC's are distinguished by comparing the countries' annual per capita gross domestic product, which is GDP, PPP is purchasing power parity. MDC is a country with a per capita GPD and PPP of over $10,000. Though the LDC is below that figure.


What is meant by free trade and give arguments in favor or against him?

Arguments against Free TradeInfant Industry Argument.If developing countries have industries that are relatively new, then at the moment these industry's would struggle against international competition. However if they invested in the industry then in the future they may be able to gain Comparative Advantage.This shows that comparative advantage can change over timeTherefore protection would allow them to progress and gain experience to enable them to be able to compete in the future.more on infant industry argumentThe Senile industry argument.If industries are declining and inefficient they may require large investment to make them efficient again. Protection for these industries would act as an incentive to for firms to invest and reinvent themselves. However protectionism could also be an excuse for protecting inefficient firmsTo diversify the economyMany developing countries rely on producing primary products in whichthey currently have a comparative advantage. However relying on agricultural products has several disadvantagesPrices can fluctuate due to environmental factorsGoods have a low income elasticity of demand. Therefore with economic growth demand will only increase a littleRaise revenue for the govt.Import taxes can be used to raise money for the govt however this willonly be a small amount of moneyHelp the Balance of PaymentsReducing imports can help the current account. However in the long term this is likely to lead to retaliationCultural IdentityThis is not really an economic argument but more political and cultural. Many countries wish to protect their countries from what they see as an Americanisation or commercialisation of their countriesProtection against dumpingThe EU sold a lot of its food surplus from the CAP at very low prices on the world market. This caused problems for world farmers because they saw a big fall in their market pricesEnvironmentalIt is argued that free trade can harm the environment because LDC may use up natural reserves of raw materials to export. Also countries with strict pollution controls may find consumers import the goods from other countries where legislation is lax and pollution allowed.However supporters of free trade would argue that it is up to individual countries to create environmental legislation


Economy of Pakistan with its features and problems?

The economy of Pakistan, despite having almost six decades of development planning experience, is yet an under developed economy. In this regard, it has almost all those characteristics, which can also be focused in the other underdeveloped economies of the world. Some of the most prominent characteristics of the economy of Pakistan are of the following nature: The economy in general is poverty ridden. Poverty is reflected vividly in its low per capita income. Poverty does not reflect only by low per capita income but also by many other indicators; such as poor health, clothing, shelter and lack of education and medical facilities. Majority of the population is living in extremely bad conditions, 60% of population, particularly in rural areas, does not have access to clean drinking water, an more than 30% has no sanitary disapproval facility. The economy, instead of playing any uniform character in different parts of the country, is playing a dualistic character. In urban areas it is functioning as market economy. Real money and credit money are playing freely their due role. Contrarily, in rural areas it is functioning as a subsistence economy; backward in nature, mainly suitable to agriculture-oriented activities. Barter system is playing a substitute role for monetary system. This dualistic character of the economy is not conducive to healthy economic progress. According to economic point of view, the economy is backward almost in all its sectors. Agricultural sector, the backbone of the economy, is yet in developing state. Only, so far, service sector has shown reasonable progress. The natural resources sector of the economy is also under-developed for most of the resources are either non-utilized or under-utilized. The contribution of natural resources towards GDP hardly comes to 1.4 %. Country is not deficient in natural resources in the absolute sense.

Related questions

What is the economic status of Rwanda?

Rwanda has experienced significant economic growth in recent years, with a focus on diversification and innovation. The country has made strides in reducing poverty rates and improving infrastructure. However, challenges such as high population density and reliance on agriculture remain.


What ldc mean in texting?

LDC


Is Guatemala a LDC or MDC?

LDC


Is North Korea an LDC or MDC?

North Korea is a Low Developed country and has been said to have major economic crisis.


Is Romania a LDC or a MDC?

Romania is a LDC country.


What is the LDC of 9 7 and 18?

If you meant LCD, the answer is LCD(9, 7, 18) = 126 But if you did mean LDC, then apologies. I have no idea what that LDC is in a mathematical context.


What is the full-form of LDC para?

plz send me ans of ldc full form


Is India an LDC or an Mdc?

India is a LEDC (Less Economically Developed Country). It has many economic development problems. Some of those problems are similar to the problems of Brazil and Kenya. Those problems: Low life expectancy, High-birth rates etc


What is the solution for debt crisis in LDC?

The solution of debt crisis in ldc is to reschedule the debt so as to give the ldc more time to pay for the debt or they can do debt swap which is a clever way of helping ldc to lessen there debts. Valentina from Kenya


Is Spain an LDC?

Spain is not a ldc, the country of spain is a mdc, More developed country.


Is Ghana an LDC?

YES


Iwant know your ldc result of kvs 29dec 2008?

sir plese informe me result for post of ldc