Bhattacharya, Debapriya; Borgatti, Lisa - In: South Asia Economic Journal 13 (2012) 1, pp. 1-25
From the creation of the category in 1971, the number of least developed countries (LDCs) has almost doubled to account for 48 members by 2011. Only three countries have managed to exit from the category thus far, and two more are in the pipeline. The recognition of the difficulty of leaving the...