.jpg)
Official Development Assistance Must Recognize Countries’ Vulnerabilities
February 06, 2024
The COVID-19 crisis urges us to rethink the economic vulnerability of Least Developed Countries (LDCs) and developing countries more generally. The crisis is putting to a test international support measures and in particular their capacity to adequately respond to countries’ needs. LDCs exhibit significant vulnerabilities that can be overlooked by the current mechanisms of financing for development. At the same time, those vulnerabilities contribute to the slow gains in structural transformation and productive capacity.On the road to LDC5, this event will make proposals to bring forward new financing policies that would better address vulnerabilities of LDCs and other vulnerable developing countries by channeling increased assistance to the most vulnerable countries and stimulating their economic activity both for better recovery and sustainable development.
Moderators: Federico Bonaglia, Deputy Director, OECD Development Centre and Patrick Guillaumont, President, Ferdi
OPENING
Fekitamoeloa Katoa ‘Utoikamanu, High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States, UN-OHRLLS
THEMATIC INTRODUCTION
Patrick Guillaumont, President, Foundation for Studies and Research on International Development (FERDI). Addressing structural vulnerabilities through development finance
Annalisa Primi, Head, Economic Transformation and Development Division, OECD Development Centre. Supporting structural transformation through development finance
SPECIAL KEYNOTE
Patricia Janet Scotland, Secretary-General, Commonwealth Secretariat
PANEL DISCUSSION
Désiré Vencatachellum, Director of the Resource Mobilization and External Finance Department, African Development Bank
Felix Fernandez-Shaw, Director of International Cooperation and Development Policy at DEVCO, European Union
Etsri Homevor, Economist, Director of the Cabinet of the Prime Minister, Togo
Hafizur Rahman, Director General on WTO Issues, Ministry of Commerce, Bangladesh
Taffere Tesfachew, CDP Member, former Director of the Division for Africa, Least Developed Countries and Special Programmes at UNCTAD
Q&A FROM THE FLOOR
CONCLUSIONS
UNHORLLS
Annalisa Primi, Head of Division, Economic Transformation and Development at Development Centre, OECD
Matthieu Boussichas, Researcher and Program Manager, Ferdi
