Catching Up

What LDCs can do, and how others can help

image of Catching Up
Despite solid gains made during the last decade, the Least Developed Countries (LDCs) are not keeping pace with other countries and the gap between them and the rest of the developing world has in fact widened. This means that LDCs will have to progress even faster to avoid being left further behind.

In this publication, economist and award-winning author of The Bottom Billion, Paul Collier, suggests a menu of strategic policies around which governments might rally that could help LDCs to reduce this differentiation. He 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 emphasises the need for effective change and highlights potential future problems associated with the management of natural resources and the threat of climate change. Implementing the right policies, he argues, is essential if LDCs are to catch up and not become detached from the rest of mankind.



Climate Change, Asian Growth and Food Security in LDCs

In low-income countries, food is half of the expenditure of ordinary people. Food security is therefore fundamental to their wellbeing. To date, the main source of food insecurity in LDCs has come from variations in domestic production consequent upon climatic shocks. However, many LDCs are already net importers of food and as their populations urbanise in coastal cities, a growing proportion of their populations will become dependent upon imported food rather than domestic production. This exposes LDCs to a further source of food insecurity, namely shocks to world supply resulting in periods of very high prices.


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