Strategies for mitigating the impact of graduation from the least developed countries category

The least developed countries (LDCs) represent the poorest and weakest segment of the international community, with limited human and institutional capacities, high levels of poverty, scarcity of financial resources, and often undiversified economies dominated by the agricultural or natural resource sectors. LDCs benefit from a range of international support measures (ISMs), and LDCs in the process of graduation often poorly understand the potential impacts of graduation in terms of reduction of access to ISMs. This project will support three target countries—Bhutan, Nepal and Uganda—to collect data and information on available ISMs and the degree to which they are used in different sectors, and to use this information in impact assessment and evidence-based policies. In addition, the project will support these countries to identify key productive sectors where ISMs and national policies could have the greatest impact to support smooth transition, and will work with national stakeholders to develop national reports and recommendations that target countries may adopt to develop elements of smooth transition strategies themselves. The project will work not only with government stakeholders but also, importantly, with chambers of commerce and/or sector associations in each country, given their important role in providing information and advice to the private sector, and obtaining information from the private sector regarding real-life issues, barriers and constraints. Finally, the project will work closely with UN and bilateral development partners in each country, to develop links with their future support to the target LDCs and promote sustainability.