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least developed countries report 2020

LDCs have so far been spared by the worst effects of the health emergency, yet the fallout from COVID-19 has taken its toll on their economies, threatening to roll back progress towards sustainable…

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Specifikacia least developed countries report 2020


LDCs have so far been spared by the worst effects of the health emergency, yet the fallout from COVID-19 has taken its toll on their economies, threatening to roll back progress towards sustainable development, worsening entrenched inequalities, and possibly leading to long-term damage. The ongoing crisis has brought back to the fore the pivotal role of productive capacities for resilience to shocks, as well as for a sustainable and inclusive recovery and sustainable development. The broadening and full utilization of LDC productive capacities remains central to upgrade LDC economic structure, bridge their development gaps vis- -vis other countries (not only developed but also developing countries) and avert further divergence. Only a handful of LDCs displayed a sustained progress in recent years, thanks to their successfully spurring productive capacities acquisition and shift

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