Word: ldcs
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Dates: during 2000-2009
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...copy provided to the magazine, Summers started the note by asking his staff, “Just between you and me, shouldn’t the World Bank be encouraging more migration of the dirty industries to the LDCs [less developed countries...
...Summers experienced perhaps the largest setback of his career when a memo of his was leaked to the press. In the memo, Summers suggested "encouraging the migration of the dirty [high polluting] industries to the LDCs [Less Developed Countries...