Economic

• They are not in any significant trade blocs. Trade blocs are groups of countries that trade together in a club, getting a better deal. Without a place in a trade bloc, countries are frozen out and struggle to export their goods at a fair price 


  • wealthy regions, such as Asia, Europe and North America, dominate trade because they export secondary goods, which earn more income
  • As these countries accumulate wealth, they become more powerful
  • This means that they can dictate the terms of trade to their advantage, usually at the experience of the LICs
• They have lots of debt. Countries' expensive repayments prevent them from investing in their own services 


  • a lack of money in a country slows development because it prevents improvements to living standards, education, sanitation and infrastructure
  • Without these, development in agriculture and industry will be slow, and the economy cannot get going as it relies on primary products such as rice or coffee. These fetch a low price, which can fluctuate wildly over the year. They do not provide a predictable income
• Technology can help to increase water, food and energy security 


  • mechanisation of farming increases yields, and improved land surveying may reveal more energy sources
  • Technology can also mean that existing resources are used more efficiently