Catching Up: What LDCs Can Do, and how Others Can Help

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Commonwealth Secretariat, 2011 - Political Science - 79 pages
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Despite impressive achievements during the last decade by the Least Developed Countries (LDCs), progress has not matched that of the developed world. Although improvements have been made in areas such as per capita income and infant mortality, in relative terms the gap has in fact widened, meaning that LDCs have to progress even faster or be left further behind.

In this new publication, Paul Collier, economist and award-winning author of The Bottom Billion, puts forward that there are many policies that could have been effective in enabling LDCs to reduce this differentiation, but due to a lack of strategic focus this has not been achieved.

Collier argues that the only actors who can lead this process are the governments of LDCs themselves working together towards clear and well-founded goals. He outlines potential future problems such as the extraction of natural resources and the threat of climate change, as well as strategies to best counter them.
 

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Contents

Introduction
1
Using Trade Preferences to Help LDCs Break into Global
19
Regional Integration
35
Innovations in Financing Development
43
Climate Change Asian Growth and Food Security in LDCs
59
Conclusion
67
References
73
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About the author (2011)

Paul Collier is Professor of Economics and Director of the Centre for the Study of African Economies at Oxford University. He is the author of The Bottom Billion: Why the Poorest Countries are Failing and What Can be Done About It (Oxford University Press, 2007).

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