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Full Description
The achievement of the 2030 Agenda and the Sustainable Development Goals (SDGs) hinges on progress made within the Least Developed Countries (LDCs). As Commonwealth LDCs begin to move out of the category, alternative support measures and new partnerships will be required to assist in a smooth, sustained, transition process.
Least Developed Country Transition focuses on two groups of Commonwealth LDCs: LDCs graduating in the near future and that exhibit the greatest economic vulnerability to a trade shock induced by graduation and loss of accompanying tariff preferences; and those that remain far from graduation but experience severe economic vulnerabilities and susceptibility to extreme environmental shocks. For both groups of Commonwealth LDCs, the objective of the research (based on case study analyses of Bangladesh, Mozambique and Solomon Islands) was to identify areas where international support measures could be improved in order to boost export diversification and therefore reduce economic vulnerability.
Contents
Foreword by the Commonwealth Secretary-General
Foreword by United Nations Under-Secretary-General
Abbreviations and Acronyms
Preface
1. Bangladesh's Apparel Exports to the EU: Adapting to Competitiveness Challenges Facing LDC Graduation
1.1 Introduction
1.2 Bangladesh's apparel exports and the importance of the EU market
1.3 LDC graduations and EU market prospects for ready-made garments
1.4 Assessing competitiveness: A global value chain perspective
1.5 Adaptation strategies
1.6 Conclusion
2. Addressing the Trade-Related Constraints of Non-Graduates: A Focus on Facilitating Infrastructure Investments in Mozambique
2.1 Introduction
2.2 Country overview
2.3 Macro-economics and demographics
2.4 The private and public sectors
2.5 Debt policy
2.6 Local content
2.7 Building with resilience in mind
2.8 Financial market depth
2.9 Rule of law
2.10 Rationale for a Commonwealth Charter for infrastructure development
2.11 Conclusions
3. Adapting to Graduation within Global Value Chains: Potential Increases in Trade Costs Associated with the Tuna Industry in the Solomon Islands
3.1 Introduction
3.2 Solomon Islands' economy and LDC graduation
3.3 Overview of the canned tuna global value chain
3.4 Tuna export industry in Solomon Islands: Incorporating the global value chain perspective
3.5 Financial support and LDC graduation
3.6 Alternative mechanisms to mitigate competitiveness challenges
3.7 Additional considerations of LDC graduation
3.8 Conclusion
