COVID-19 and beyond: What Role for LDCs?

Reducing poverty and improving equity
Nov 22, 2020 | UNCTAD, Paul Akiwumi

Although the Istanbul Programme of Action (IPoA) signed in 2011 sought to double the share of LDCs in global trade, a target reiterated in the UN Sustainable Development Goals (SDGs) in 2015, LDCs have accounted for only one percent of world trade since 2008. Paul Akiwumi suggests in this UNCTAD report that an estimated 1.06-billion people live in the world’s 47 LDCs, and by 2030 they will house over 15 percent of humanity. LDCs have so far been spared the worst effects of the health emergency, yet the fallout from COVID-19 has taken its toll on their economic performance. With a steadily rising young populations, new and good jobs must be created quickly, especially in high-productivity sectors, requiring targeted investments in education and skills training.
https://unctad.org/news/covid-19-and-beyond-what-role-l /> 

print button Print
Related Articles:

Popular Articles

Poverty as a Wicked Problem

The belief that poverty can be prevented by identifying and dealing with its causes, and the...  Read More

Is Mars Ours?

Jun 13, 2021 | The New Yorker, Adam Mann

NASA and China having landed mobile rovers on the surface of Mars has raised the question of...  Read More

Think Local and Act Global - A Conversation with GGF 2030 fellow Cara Stauß

Nov 15, 2018 | Global Policy,

World affairs, diplomacy and trade are no longer solely the domain of nation-states, as cities...  Read More

Global Extreme Poverty

According to household surveys, 44 percent of the global population lived in absolute...  Read More

Popular Videos

A Message from Alan Doss, President of the Kofi Annan Foundation

Highlights from the G20 Think Tank Summit GLOBAL SOLUTIONS in Berlin

Happy Birthday Kofi Annan!

T20 Summit GLOBAL SOLUTIONS – Sean Cleary

Global Trends, Risks and Rewards — Where Are We Now, Where Are We Going?