sep 25, 2018 - Now
Description:
The Least Developed Countres (LDCs) are in the forefront of those bearing the brunt of the global economic crisis. In LDC countries the economic crisis translates into food, fuel, climate, debt, development and political crises. A fundamental transformation of the global financial architecture is needed: for many people living in poverty in LDCs, the current model of economic growth has brought little benefit, if any. The global economic crisis must be used as an opportunity to bring about real transformation in the global system so that everyone on this planet is offered better opportunities to lead meaningful and secure lives.
As defined by the United Nations, there are 49 Least Developed Countries (LDCs) in the world,1 which are home to about 750 million people. The ever-increasing wave of neoliberal globalization has continuously threatened the life and livelihood of the people living in these LDCs. In general, the LDC economy is characterized by an increasing debt burden, economic shocks, hunger, and human rights violations, including gender injustice, conflicts, weak governance, and inherent environmental vulnerabilities.
Daniel, Mabel and Stefania are studying international business, fourth semester. they are doing a timeline. Everyone is of legal age.
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