Improved assistance for LDC graduation: What else can be done? Op-ed in Trade for Development News/EIF

“Graduation from the least developed country (LDC) category, a milestone in a country’s development, is not free of controversies. Graduating countries fear the phasing out of LDC-specific support may disrupt their development trajectory. As a result, the graduation process is often stalled and difficult.

LDCs are uncertain about the transition process, what policies to follow and the extent of support they will receive after graduation. This lack of clarity makes it difficult for countries to accept graduation.

The framework of transition support from the LDC category needs improvement in three main areas: enhancing policy advice and capacity building for designing and implementing transition strategies; a more effective monitoring of the transition process; and complementary measures to support countries in their transition efforts.