Lesser Developed Country

Lesser Developed Country

Lesser Developed Country in International Law

Meaning of Lesser Developed Country (LLDC), according to the Dictionary of International Trade (Global Negotiator): The classification LDC was developed by the United Nations to give some guidance to donor agencies and countries about and equitable allocation of foreign assistance. The criteria for designating a country an LLDC include low per capita income, literacy, and manufacturing share of the country's total gross domestic product.


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