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Least Developed Countries Essay Preview: Least Developed Countries Report this essay 1. INTRODUCTION The shift from a rural, agrarian economy to an urban, industrial economy is integral to the process of economic development (Kaldor, 1966, 1967). Although policymakers in the least developed countries (LDCs) have, at various times, attempted to make agriculture the primary engine.
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6International TradeAgrarian EconomyIndustrial EconomyProcess Of Economic Development