From New York to Doha, from Doha to Paris. The LDC5 Conference in view of the Paris Summit
May 09, 2023
9 March 2023 12:15 – 13:45 (Doha Time)
Qatar National Convention Centre, Doha, Qatar
How to support the production and structural transformation in the Least Developed Countries?
One of the main developmental constraints of Least Developed Countries is a lack of productive capacities and dependency on commodities, which create a vicious circle because it is both a consequence and a cause of their structural and income-related challenges. This characteristic illustrates the need for structural and production transformation of these economies, i.e. the development of higher-value added products and the shift of resources from less to more productive activities within the agriculture, industrial and services sectors.
This side event contributed to the Doha Programme of Action (DPoA) by focusing on production transformation as an organising framework to tackle LDCs’ vulnerabilities. The session identified concrete actions to advance the objectives of the Programme of Action by launching a process of independent monitoring of the implementation of the programme, the LDC5 Monitor. Moreover, it delved into options for transforming the international support to better face these particular challenges, including the pressing need to reform the international financial architecture.
OPENING SESSION
Special introductory remarks: Rabab Fatima, Under-Secretary-General and High Representative, UN-OHRLLS
WELCOMING
HIGH LEVEL PANEL DISCUSSION
Delivering on the Doha Programme of Action: the role of the LDC5 Monitor
Chair: Annalisa Primi, Head, Economic Transformation and Development Division OECD Development Centre
DEBATE
Kick-off interventions
CONCLUSIONS
Annalisa Primi, Head, Economic Transformation and Development Division, OECD Development Centre
The LDC5 Monitor is an independent partnership to monitor and assess the implementation of DPoA. It comprises both analytical and peer-learning activities and involves international organisations, research institutions and interested LDCs. This Monitor will serve to provide suggestions on how international support measures (ISM) should be adapted to better support LDCs in facing vulnerabilities and in undertaking successful production transformation. The initiative will follow and extend the one that took place a decade ago under the name of LDC4 Monitor and shed light on the implementation of several aspects of the Istanbul Programme of Action.
All the members of the previous LDC4 Monitor and other interested partners are invited to join the launching of the new Monitor.
