Global: LDC's stagnate on ailing strategies

A report released by the International Labour Organisation (ILO) for the Fourth Conference on the Least Developed Countries (LDCs) slated to take place in Istanbul, Turkey in early May expressed a strong critique of the snail's pace of development, but stopped just short of calling for radical new policies to be implemented. The report, entitled 'Growth, Employment and Decent Work in the Least Developed Countries', solidified widespread fears that the 'graduation' rate of LDCs was abysmally low, with only three countries out of 51 - the Maldives, Botswana and Cape Verde - moving out of the category since it was created by the United Nations in 1970.