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WebOct 8, 1998 · As a group, the 48 countries designated as least developed by the United Nations recorded another solid performance in 1997. On preliminary estimates released today by UNCTAD in its Least Developed Countries 1998 Report, gross domestic product (GDP) averaged 4.8 per cent last year, compared with 3.2 per cent for the world economy … WebApr 11, 2024 · It made clear that certain middle-income countries are also in danger of falling into debt distress, with roughly 60% of the world’s poorest nations either being in it or at high risk of doing so. The World Bank stated that “high inflation, rising interest rates, and sluggish growth have created the conditions for financial crises of the kind that engulfed a … WebSep 24, 2024 · These patterns of subnational “dualism” are still prevalent across the world, in rich and poor countries alike. The poorest counties in the United States have a per capita income less than ... irby st conway ar