Low-income economies
Low-income economies: a group of 63 economies so classified by the IBRD and listed in the World Development Report. In 2000 these economies had a per-capita GNI (gross national income) of $755 or less. The group includes many of the least-developed countries, particularly at the lower end of the income scale, but China and India are also part of it. See also high-income economies, lower-middle-income economies and upper-middle-income economies.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
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Author of the text: W. Goode
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