Sentence examples for ldc- from inspiring English sources
There are more than 47,000 takeaway food outlets in the UK, according to LDC, but less than a third are operated by the big brands and given the tough economic backdrop their success is expected to come at the expense of independent bakers and coffee shop owners.
LDC director Matthew Hopkinson questions the need for Greggs and Subway to build huge store networks at a time when others are desperate to shake off costly leases: "I find it difficult to understand how everyone is going to make money from massive expansion.
On the other hand, higher rates will put extra strain on a banking system groaning with the problems of over-extended thrifts, LDC debt and leveraged buyouts.
Even so, Unctad data show that nine countries will take more than 50 years to emerge from the LDC poverty trap, another four will take at least 40 years, seven will take a minimum of 20 years, two will take 10-11 years, while three will graduate within a decade.
Twelve of the 34 Sub-Saharan LDCs were in the very-high-growth group; none of the Francophone African LDCs make it into this high-growth group, partly reflecting the linking of the CFA franc to an appreciating euro.No scope for donor savingsHowever, more rapid growth should be seen in context: it certainly does not mean that many African states are about to graduate out of LDC status.
In 2005-06 92% of exports from all African LDCs were primary commodities, including oil; the comparable figure for Asian countries was just 44%.African LDCs certainly appear to be performing better, with annual GDP growth almost doubling from 3.4% in the 1990s to 6.6% since 2000 (although this latter figure slows to around 5% if LDC oil exporters such as Angola, Chad and Sudan are excluded).
Aid spending by the world's richest states hovered around an all-time high last year, but development assistance to the least-developed countries (LDCs) fell by 16% from the year before, the Organisation for Economic Cooperation and Development OECDD) has said.
"The share of total development assistance invested in the poorest countries is at its lowest level since 2005, when world leaders gathered in Gleneagles and made historic pledges to end extreme poverty," said Adrian Lovett, the ONE campaign's Europe director, who urged donors to send at least 50% of their aid to LDCs.
The preponderance of the WTO's 148 members rank as medium- to low-income developing countries, and include 31 of the 48 countries classified by the World Bank as least developed countries (LDCs).
Farming still looms large in the world's least-developed countries (LDCs).
It comprises four divisions on globalization and development strategies; international trade; investment, technology, and enterprise development; and services infrastructure as well as the Office of the Special Co-ordinator for Least Developed, Land-locked, and Island Developing Countries (OSC-LDC).
