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Article: LDCs Myths and Reality: In many respects, the overall picture of LDCs often changes for the better when we look at the situation more closely. (ITC Speaks).(Least Developed Countries)(Statistical Data Included)
- Article from:
- International Trade Forum
- Article date:
- July 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 International Trade Centre UNCTAD/GATT. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The market analysis undertaken by ITC for the Business Sector Round Table (BSRT) found that several generalizations about least developed countries (LDCs) are myths, presumptions based on an out-of-date reality.
Other assertions about these countries, we discovered, are true only as a statistical average, not for the regional or national case, and often not for individual businesses. In many respects, we found, the gloomy overall picture of LDCs changes for the better when looking at individual countries, sectors, industries, companies and regions, sometimes quite radically. It is often a question of perspective.
Speaking generally...
For ...