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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.

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Leveraging Migration and Remittances towards Graduation of the LDCs

In view of rising migration from the least developed countries (LDCs) in recent years (UNDESA 2012), remittance flows have emerged as a major source of foreign exchange earnings for a number of the LDCs. In appreciation of this, many LDCs have started to reorientate their development strategies by taking into cognisance the potential benefits of both outmigration and the resultant inward remittance flows. This growing role in the economies of the LDCs and the underlying development potentials of migration and remittances were recognised in the Istanbul Programme of Action (IPoA) for the LDCs (UN 2011) and were also reflected in the United Nations Conference on Trade and Development (UNCTAD)’s LDC Report 2012, which stressed the need to harness remittances and diaspora knowledge to build productive capacities in the LDCs (UNCTAD 2012).

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