LDC to Developing Country
Three criteria are to be fulfilled for graduation from LDC (Least Developed Country ). 1. income criteria, 2. Human asset index, 3. economic Vulnerabily.
A subsidiary body of the UN Economic and Social Council known as CDP ( Committee for Development policy ) determines the threshold levels on each of the three criteria.
Income: Inclusion threshold in 2018 was $ 1,025.
The graduation threshold is set at 20 per cent above the inclusion threshold. At the 2018 review it was $ 1,230.
Human asset index:-The inclusion threshold has been set at 60
The graduation threshold has been set at 10 per cent above the inclusion threshold at 66
Economic Vulnerability:-The inclusion threshold has been set at 36
The graduation threshold has been set at 10 per cent below the inclusion threshold at 32