How can development finance address the vulnerability challenge in LDCs and other vulnerable countries? Improving allocation and supporting structural transformation

April 12, 2021, En ligne

Side event to the 2021 ECOSOC Forum on Financing for Development. Organised by UN-OHRLLS, OECD and FERDI.

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 


Fekitamoeloa Katoa ‘Utoikamanu, High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States, UN-OHRLLS


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


Patricia Janet Scotland, Secretary-General, Commonwealth Secretariat


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




Annalisa Primi, Head of Division, Economic Transformation and Development at Development Centre, OECD

Matthieu Boussichas, Researcher and Program Manager, Ferdi