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Strengthening International Support Measures for the Least Developed Countries

The Policy Note takes stock of the nature of the financial, technical and institutional support and preferential trade-related treatments that have been provided to LDCs. It provides an assessment of how useful these existing support measures have been and identifies ways in which they can be made more effective.

Coping with External – Capital and Current Account – Shocks. G-24 Policy Brief No. 70, 04/06/2012.

Consider a resource exporting country that faces positive terms of trade shock (say increased prices of exported resources) and/or simultaneous inflows of capital. Or, imagine the shock is negative – e.g., deterioration of the current account and outflows of capital. There are several options to cope with these shocks which are discussed in this policy note. Advantages and disadvantages of these optios are analyzed.