Project Info

Project Code
1819F
Tranche
T11
Tranche Type
Regular
Status
Active
Title
Helping least developed countries pursue structural economic progress toward and beyond graduation

Entities

Implementing Entity (Lead)
DESA
Jointly Implementing DA Entities
UNCTAD
Collaborating DA Entities
ECA
ESCAP
Other Collaborating Entities
Other UN entities

Financial and Evaluation Info

Total Budget
$800,000.00
Project Selected for Evaluation
No

Countries and Regions

Countries or Areas: Bangladesh, Bhutan, Lao People's Democratic Republic (the), Myanmar, Vanuatu
Regions: Asia, Oceania
Sub-Regions:
Intermediate Regions:
Countries in Special Situations: Land Locked Developing Countries (LLDC), Least Developed Countries (LDC), Small Island Developing States (SIDS)

Areas of Work

SDG
8
10
17
SDG Targets
8.1
8.2
8.3
10.2
10.b
10.a
17.2
17.9
17.11
17.12
Thematic Clusters
Macroeconomics and Finance
International Trade

Brief Description

The project aims to help five Least Developed Countries (LDCs) increase their chances of achieving structural economic and social progress toward and beyond graduation from LDC status. This involves: (i) provision of country-specific analytical material on the implications of LDC graduation; vulnerability and resilience-building; and smooth transition strategies; (ii) relevant advisory services to policy makers; and (iii) action to help project recipients and LDCs in general understand and use the export-related new requirements issued by trading partners. The economies of graduating LDCs, while demonstrating forms of structural economic progress, often remain little diversified and dependent on a small number of products or commodities for export. The transformation these countries aim to achieve or pursue implies a range of structural economic changes, notably from lower to higher levels of productivity and value addition. Most graduating countries with an agenda for such progress will need post-LDC support measures, possibly new forms of special treatment after LDC status. The context of reclassification from LDC status is an opportunity to step up pleas for alternative support measures after graduation, with a view to maintaining their momentum of progress. In short, making the most of LDC benefits while these are still available, then achieving a smooth transition to post-LDC status with some alternative support measures.

Objective and Expected Outcomes

Objective
To help five LDCs in Asia and the Pacific enhance their ability to achieve structural economic and social progress, and to use the milestone of graduation from LDC status as an opportunity to find new avenues for international support to their further development efforts
Expected Outcome 1
Strengthened capacity, among government officials in recipient countries, to mainstream resilience-building, and smooth transition strategies into national policy-making
Expected Outcome 2
Improved capacity, in LDCs, to access and share information about new product requirements in export markets, and utilize the information to promote exports