Monday, April 04, 2011

'Least developed countries' pose the next big globalisation challenge


The LDCs, the final group of countries to remain mired in endemic poverty, now have a fighting chance of moving up

Imagine that you are in a room with a group of international investors and corporate executives and you have the chance to tell them about a virtually untapped source of investment potential.

There are nearly 50 countries, you say, that have been growing at 6-7% a year for most of the decade – and even during the depth of the downturn in 2009 managed to expand by more than 4%.

See full Article.