problems of poverty and exclusion in our lifetime. Moreover, the CAP pledged that "no person – regardless of ethnicity, gender, geography, disability, race or other status – is denied universal human rights and basic economic opportunities". Least developed country conferences The UN least developed country (LDC) conferences were a series of summits organized by the UN to promote the substantial and even development of the world's least developed countries. The first UN LDC Conference was held between 1 and 14 September 1981, in Paris, the first UN LDC Conference was organized to finalize the UN's "Substantial New Programme of Action" for the 1980s in Least Developed Countries. This program, which was unanimously adopted by the conference attendees, argued for internal reforms in LDCs (meant to encourage economic growth) to be complemented by strong international measures. However, despite the major economic and policy reforms initiated many of these LDCs, in addition to strong international aid, the economic situation of these countries worsened as a whole in the 1980s. This prompted the organization of a 2nd UN LDC conference almost a decade later. The second UN LDC Conference was held between 3 and 14 September 1990, once again in Paris, the second UN LDC Conference was convened to measure the progress made by the LDCs towards fulfilling their development goals during the 1980s. Recognizing the problems that plagued the LDCs over the past decade, the conference formulated a new set of national and international policies to accelerate the growth rates of the poorest nations. These new principles were embodied in the "Paris Declaration and Programme of Action for the Least Developed Countries for the 1990s". The fourth UN LDC Conference was the most recent conference. It was held in May 2011 in Istanbul, recognized that the nature of development had fundamentally changed since the 1st conference held almost 30 years earlier. In the 21st century, the capital flow into emerging economies has increasingly become dominated by foreign direct investment and remittances, as opposed to bilateral and multilateral assistance. Moreover, since the 1980s, significant structural changes have taken place on the international stage. With the creation of the G-20 conference of the largest economic powers, including many nations in the Global South, formerly undeveloped nations are now able to have a much larger say in international relations. Furthermore, the conference recognized that in the midst of a deep global recession, coupled with multiple