LDC Graduation a Double-Edged Sword

After years of conflict, Cambodia’s socio-economic development faced many challenges, which led to UNCTAD designating the Kingdom a Least Developed Country (LDC) inn 1991. According to UNESCO, the LDCs are nations that have low income and little human resources and are vulnerable to economic and environmental shocks. Currently, the UN classifies 46 countries as LDCs. [...]