A least developed country (LDC) is a country that, according to the United Nations, exhibits the lowest indicators of socioeconomic development, with the lowest Human Development Index ratings of all countries in the world. The concept of LDCs originated in the late 1960s and the first group of LDCs was listed by the UN in its resolution 2768 (XXV...
Found on
http://en.wikipedia.org/wiki/Least_developed_country
A country designated by the UN as least developed based on criteria of low per capita GDP, weak human resources (life expectancy, calorie intake, etc.), and a low level of economic diversification (share of manufacturing and other measures). As of 2007, 49 countries are designated as LDCs.
Found on
http://www-personal.umich.edu/~alandear/glossary/l.html
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