The Least Developed Countries Report 2011
A major new trend over the last decade has been the deepening and intensification of economic ties with dynamic, large developing countries, acting as growth poles for the Least Developed Countries (LDC). The outlook for the medium-term is that the high growth rates of the pre-crisis economic boom are unlikely to be achieved since the poorest countries of the world could face a more volatile and less expansive global economic environment.
The Least Developed Countries Report 2011 focuses in particular on the potential role of South–South cooperation in supporting inclusive and sustainable development in LDCs. It puts forward a policy framework for enhancing the development impact of South–South cooperation. And it proposes how to leverage South–South financial cooperation for development in the LDCs. The Report also revisits the role of regional development banks and proposes a new modality through which a small part of the reserves that have accumulated in developing countries and that are managed by sovereign wealth funds could support the financing of development in the LDCs. The Report argues that the benefits of South–South cooperation will be greatest in the LDCs when a dynamic two-way relationship is established in which policies carried out by catalytic developmental States in the LDCs and South–South cooperation reinforce each other in a continual process of change and development.
Date: 16th November, 13.30-15.00
Location: Asante, Sida Valhallavägen 199
13.30: Welcome, Richard Bomboma, Sida, Department for Policy Support
13.40 Introduction by Ministry of Foreign Affairs or Sida
14.00 Main findings of the UNCTAD report, Giovanni Valensisi, Economist, LDC section, UNCTAD
15.00 Concluding remarks Ministry of Foreign Affairs/Sida
Richard Bomboma, Sida, email@example.com, 08-698 4584