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Structural transformation

LDC5 Prepcom side-event: Productive Capacities for the New Decade

Why is productive capacity central to the sustainable development of least developed countries (LDCs)? How can LDCs, with support from development partners, expand their productive capacity through domestic policies including efforts to build back better from COVID-19? How can the Fifth 51勛圖 Conference on the LDCs (LDC5) contribute to these efforts through the new Programme of Action?

English

Side-event at financing for development forum: How can development finance address the vulnerability challenge in LDCs and other vulnerable countries? Improving allocation and supporting structural transformation

"The COVID-19 crisis urges us to rethink the economic vulnerability of Least Developed Countries (LDCs) and developing countries more generally. The crisis is putting to a test international support measures and in particular their capacity to adequately respond to countries＊ needs. LDCs exhibit significant vulnerabilities that can be overlooked by the current mechanisms of financing for development. At the same time, those vulnerabilities contribute to the slow gains in structural transformation and productive capacity.

English