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“Paradox” of emerging countries still hampering growth

“Paradox” of emerging countries still hampering growth

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The world’s most vulnerable nations have seen record economic growth but they must change dramatically if they’re to transform people’s fortunes, according to the UN.

The warning comes from the UN’s trade and development body UNCTAD.

It’s just unveiled a report on 48 least developed countries (known as LDCs) where the average income is less than 1000 dollars per year.

Daniel Johnson reports from Geneva.

Duration: 2’56”

Photo Credit
UN Photo/Sebastian Villar