(Source: UNCTAD - United Nations Conference on Trade and Development) The 1 : Transforming rural economies The LDCs and the Sustainable Development Goals (SDGs) • The 'global consumption floor' (the lowest per capita consumption level globally) has remained unchanged for the past 20-30 years according to estimates. However, it needs to double in the next 15 years if poverty is to be eradicated by 2030, as foreseen by SDG 1. • In six LDCs the poverty headcount ratio (the proportion of the population living in absolute poverty) is 70-90 per cent, and in eight others, 50-70 per cent. Overall, all but seven LDCs have a poverty headcount ratio above 30 per cent, while only five other developing...
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