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Mission to Angola: Support for the graduation from the LDC category

Mission to Angola: Support for the graduation from the LDC category

From 24 to 27 October 2016, an UN expert team, comprising of the CDP, UNDP, UNCTAD and OHRLLS, conducted a joint mission in Luanda, Angola, to provide support to the Government of Angola on the graduation from the LDC category. The UN team held consultation meetings with various stakeholders and partners on the drafting of the National Roadmap for the Smooth Transition Strategy towards graduation from the list of LDCs. On 27 October 2016 the high level workshop "Angola's Graduation from the Category of the LDCs: Challenges and Opportunities" was held with over 300 participants in order to identify the main steps for the country's graduation until February 2021. Documents of the workshop on… Mission to Angola: Support for the graduation from the LDC category
Workshop on Productive Capacity and LDC Graduation

Workshop on Productive Capacity and LDC Graduation

Government policymakers from 16 least developed countries (LDCs) and one graduate, Samoa, will gather in Beijing, China, from 10 to 12 November 2016 to discuss strategies needed to successfully graduate from LDC status and to achieve the Sustainable Development Goals (SDGs). The workshop is organized by the Center for New Structural Economics at Peking University in collaboration with the Committee for Development Policy (CDP) Secretariat and co-sponsored by the Commonwealth Secretariat. Information Press release Workshop summary Related Background Papers No. 35: Applying the Growth Identification and Facilitation Framework to Nepal
No. 32: Applying the Growth Identification and… Workshop on Productive Capacity and LDC Graduation
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Industrial Policy, LDCs and the WTO Regime, by Keith Nurse (CDP Policy Review No. 5)

The paper reviews the provisions within the WTO multilateral trade regime which impact on the policy space for LDCs which are interested in pursuing industrial policies as latecomers. It finds that LDCs are more constrained by lack of capacity rather than by WTO provisions, in contrast to more advanced developing countries. The paper first provides a brief overview of the LDCs economies and export structures. Then it explores the debates and perspectives on industrial policy taking into account the requirements of multilateral trade policy. The next section looks specifically at the provisions within the WTO regime and assesses the scope for policy space for industrial policies by LDCs… Download
Trade Preferences for Least Developed Countries. Are they Effective? Preliminary Econometric Evidence

Trade Preferences for Least Developed Countries. Are they Effective? Preliminary Econometric Evidence, by Stephan Klasen, Inmaculada Martinez-Zarzoso, Felicitas Nowak-Lehmann and Matthias Bruckner (CDP Policy Review No. 4)

The paper investigates the effectiveness of trade preferences for LDCs. It confirms that overall trade preferences for LDCs increase LDC exports. However, it also finds that effectiveness differs across the nine providers included in the study (EU, US, Canada, Japan, Australia, New Zealand, Norway, the Russian Federation and Turkey) and that only a subset of LDCs is able to benefit from trade preferences. Download
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Building development governance capacity; policy learning, by Tea Petrin (CDP Policy Review No. 3)

The paper overviews the evidence of good governance institutional reform agenda on the development outcomes of LDCs. For building development governance capacity in LDC for achieving sustainable development goals, successful examples suggest a few key common features: (1) existence of government/political leadership; (2) organizational set up for achieving national development goals; (3) structural transformation from poor human capital base and low quality of the bureaucracies. The lessons learned from these examples cannot simply be transmitted to other LDCs, but should be seen as practical policy lessons. Download
Development of technological capabilities for building productive capacity in LDCs

Development of technological capabilities for building productive capacity in LDCs, by Keun Lee (CDP Policy Review No. 2)

The paper discusses two ways of building productive capacity in LDCs: the manufacture of products to foreign buyers? specifications, and the integration of resource-based sectors into global value chains using backward and forward linkages. Using country examples the paper then shows how government and the international community can support the growth of productive capacity in various ways including research institutes and public research organisations. The paper argues that some LDCs should try to leapfrog into newly emerging sectors such as renewable energy. Download
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Aid for trade: building productive and trade capacities in LDCs, by José Antonio Alonso (CDP Policy Review No. 1)

The paper looks into the origins of Aid for Trade (AfT) and its objective of assisting developing countries to increase exports of goods and services and integrate into the multilateral trading system. Pointing out that AfT is not a new development fund nor a new aid category, the paper looks into the flows and impact of ODA resources allocated to AfT while focusing on LDCs as well as the effectiveness of AfT. Among the recommendations, the paper argues that most Aid for Trade is allocated to middle income countries and that a shift in this allocation pattern is needed to give more attention to LDCs, particular those that are not well integrated into the global market. Download
Expert Group Meeting: The contribution of the World Economic and Social Survey (WESS) to development, theory and practice

Expert Group Meeting: The contribution of the World Economic and Social Survey (WESS) to development, theory and practice

On the 13th and 14th of October 2016, the Development Strategy and Policy Analysis (DSP) Unit will hold the First Expert Group Meeting to support the preparation of the 70 year anniversary issue of the World Economic and Social Survey 2017 (WESS 2017) on ?The contribution of the World Economic and Social Survey to development, theory and practice?. The meeting will bring together the lead authors of the chapters in WESS 2017, members of the UN DESA Team, experts in the selected subject matter and colleagues from UN member organizations. The objective of the meeting is to review the draft chapters for WESS 2017 with the expectation of receiving comments and suggestions for the preparation of… Expert Group Meeting: The contribution of the World Economic and Social Survey (WESS) to development, theory and practice
World Economic Situation And Prospects: October 2016 Briefing, No. 95

World Economic Situation And Prospects: October 2016 Briefing, No. 95

The Bank of Japan announces decision to cap 10-year bond yields to address deflation and restore profitability and growth United States household incomes rise sharply in 2015 The Nigerian economy contracts at a faster pace amid significant macroeconomic challenges Global issues The Bank of Japan announces decision to cap 10-year bond yields to address deflation and restore profitability and growth On 21 September, the Bank of Japan (BoJ) announced a new set of unconventional monetary policy measures aimed at boosting inflation and reviving growth. The BoJ?s new monetary policy strategy consists of two components. The first is a ?quantitative and qualitative monetary easing with yield… World Economic Situation And Prospects: October 2016 Briefing, No. 95
World Economic and Social Survey 2016: Climate Change Resilience: An Opportunity for Reducing Inequalities

World Economic and Social Survey 2016: Climate Change Resilience: An Opportunity for Reducing Inequalities

The World Economic and Social Survey 2016 contributes to the debate on the implementation challenges of the 2030 Agenda for Sustainable Development. In addressing the specific challenge of building resilience to climate change, the Survey focuses attention on the population groups and communities that are disproportionately affected by climate hazards. It argues that, in the absence of transformative policies which coherently address the economic, social and environmental dimensions of development, building climate resilience will remain elusive and poverty and inequalities will worsen. To the extent that the differential impact of climate hazards on people and communities is determined… World Economic and Social Survey 2016: Climate Change Resilience: An Opportunity for Reducing Inequalities