Least developed countries can become authors of their technological revolution
Originally published in OECD-Development Matters on 5 February 2020
How will least developed countries in Asia fare in the trade war?
Countries that have already implemented trade-cost reducing reforms – for example trade facilitation, infrastructure, and data flows – will be better positioned to take advantage of any opportunities that arise from the trade war.
Weak development of LDC productive capacities leads to foreign deficits and external financing dependence
Least developed countries (LDCs) have traditionally recorded persistent trade deficits.
How trade can assist least developed countries hit by natural disasters
Many least developed countries are vulnerable to recurrent natural disasters, which exacerbate existing challenges, disrupt long-term investments and divert resources away from development to reconstruction.
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