Publications | Economic Analysis and Policy Division

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12 December 2016

World Economic Situation And Prospects: December 2016 Briefing, No. 97

Dollar strengthens in the aftermath of the United States presidential election OPEC agrees to first production cut since the global financial crisis India announces demonetization policy Global issues Economic implications of the strong United States dollar The citizens of the United States of America elected the country''s 45th President on 8 November. There are still considerable uncertainties regarding the direction of policy under the new Administration. One major development since the presidential election is that the dollar has risen notably against other currencies, reaching its highest value since mid-2002. The 3 per cent gain in November has come on top of the sharp rise seen in… World Economic Situation And Prospects: December 2016 Briefing, No. 97

23 November 2016

Expert Group Consultation on the LDC Graduation Diagnostics Toolkit

On 2 December 2016 the Secretariat of the Committee for Development Policy (CDP) is organizing an expert group consultation in Geneva to explain the concept behind the LDC graduation toolkit; solicit feedback and establish possible partnerships. Documents Agenda and Background Note List of Participants Expert Group Consultation on the LDC Graduation Diagnostics Toolkit

23 November 2016

CDP Expert Group meeting on lessons learned in developing productive capacity in graduated and graduating countries

From 30 November to 1 December 2016 the Secretariat of the Committee for Development Policy (CDP) is organizing an expert group meeting (EGM) in Geneva to discuss lessons learned by selected least developed countries (LDCs) and developing countries in building their productive capacities for sustainable development. Documents Agenda List of Participants Consolidated Background Paper Presentations Welcome - Roland Mollerus Session 1: LDC graduation toolkit: an update - Daniel Gay Session 2: Analytical framework - Matthias Bruckner Session 3: Case studies of natural resource exploiting countries - Roland Mollerus Session 3: Comments - Rashid Hassan Session 4: Small island developing states… CDP Expert Group meeting on lessons learned in developing productive capacity in graduated and graduating countries

14 November 2016

World Economic Situation And Prospects: November 2016 Briefing, No. 96

Surge in global bond issuance may pose a risk to the global economy Saudi Arabia raises $17.5 billion in record sovereign bond sale by an emerging economy Egypt devalues pound to alleviate persistent foreign currency shortages ?Global issues Surge in global bond issuance may pose a risk to the global economy Amid historic low yields in most parts of the world and continued bond-purchasing programmes by major central banks, year-to-date data suggest global bond issuance in 2016 has continued the rapid pace seen in recent years, especially among developing countries. Saudi Arabia, for example, recently raised $17.5 billion in the largest-ever bond sale by an emerging economy (see the… World Economic Situation And Prospects: November 2016 Briefing, No. 96

08 November 2016

Launch of the ePing system

The ePing system, an SPS and TBT notification alert system developed by the UN Department of Economic and Social Affairs (DESA) in cooperation with the World Trade Organization (WTO) and the International Trade Center (ITC), is officially launched on 8 November 2016 at the WTO, by UN DESA Assistant Secretary-General for Economic Development Lenni Montiel, WTO Deputy Director General Karl Brauner and the Executive Director of ITC Arancha Gonz?lez. ePing is designed to help government agencies and small and medium-sized enterprises keep track of the latest information on regulatory requirements for international trade. It provides free, timely updates on new sanitary and phytosanitary…

02 November 2016

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

01 November 2016

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

26 October 2016

Industrial Policy, LDCs and the WTO Regime

CDP Policy Review No. 5 By Keith Nurse 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… Industrial Policy, LDCs and the WTO Regime

25 October 2016

Trade Preferences for Least Developed Countries. Are they Effective? Preliminary Econometric Evidence

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

24 October 2016

Building development governance capacity; policy learning

CDP Policy Review No. 3 By Tea Petrin 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. Building development governance capacity; policy learning