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Tag «least developed countries»

Relationship between Most developed and least developed Countries.

Presently, the world comprises of three major categories of countries viz. the developed countries, the developing countries and the under-developed countries. Out of these, the developed countries have highly advanced industrial setups and booming economies. These Most Developed Countries (MDCs) include the Group of Eight (G-8) nations such as USA, UK, Canada, Russia, Japan, Germany, …

More developed and less developed Countries.

Presently, there are 194 member nations of the United Nations Organisation. These countries cover seven continents of the world. Economically speaking, there is a great disparity among these nations due to their high and low GDP and PCI levels. (1). More Developed Countries (MDCs): According to Kofi Annan, the former Secretary General of United Nations, …