Istanbul Programme of Action for the LDCs (2011–2020)

Monitoring Deliverables, Tracking Progress – Analytical Perspectives

image of Istanbul Programme of Action for the LDCs (2011–2020)

Ambitious in nature, the Istanbul Programme of Action (IPoA) for the Least Developed Countries (LDCs) adopted by the Fourth United Nations Conference on the LDCs (UN LDC IV) in 2011, sets out a development path for LDCs for the coming decade. Successful implementation of the IPoA requires identification of delivery tools for specific targets, provision of necessary financial and non-financial resources, and a strengthened monitoring mechanism. LDC IV Monitor, an independent partnership of eight interested organisations, aims to add value by enhancing transparency, accountability and efficiency of the official monitoring and review mechanism of the IPoA.

LDC IV Monitor’s first set of two reports, produced outside of the official intergovernmental process, provide credible, evidence-based and policy-oriented assessment of the delivery status of the promises contained in the IPoA. The Synthesis Report, derived from the critical analyses of the state of play concerning the IPoA, presents the broad messages and key recommendations. The volume on Analytical Perspectives addresses a wide spectrum of issues including articulation of a composite IPoA index, building of productive capacity, trade in goods and services, delivery of the Millennium Development Goals (MDGs), flows of different forms of development finance, and consequences of climate change. The publications seek to contribute towards crafting national and international policies to support graduation of the LDCs through structural transformation of their economies.



Commodities and the Istanbul Programme of Action

The First Two Years

Many least developed countries (LDCs) depend heavily on commodity production and trade for the generation of employment, income, savings and foreign exchange. This implies that a ‘successful’ commodity sector is a prerequisite for graduation from the LDC category. However, the characteristics of the commodity sector, including unstable markets and prices, intense competition among suppliers, difficulties concerning effective participation in value chains and, particularly in the case of natural resource-based commodities, the necessity for sustainable exploitation and good management of resource rents, limit the potential of this sector as an engine of growth and development. The Istanbul Programme of Action (IPoA) identifies two areas of particular importance for action regarding commodities. These are dependence and vulnerability to external shocks.


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