World’s Poorest Nations at a “Critical Moment of Transition”

unctad.gif BBC: “The 50 least developed countries, most of which are in Africa, lack the means to compete in a rapidly globalising world, says the UN’s Unctad agency. Unctad’s latest report says aid should be used to make poorer economies more productive and boost wealth creation.“We need to go back to the basics,” said co-author Zeljka Kozul-Wright. “If countries do not invest in infrastructure, they are not going to sow the seeds for growth and development in future,” she told the BBC News website.”