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Developing the Poorest Countries: New Ideas from the 2010 UNCTAD LDC Report


  • Giovanni Andrea Cornia

    (University of Florence, Firenze.)


In spite of 30 years of international support, the Least Developed Countries (LDC) have become increasingly marginalized. Their recent growth spurt was mainly driven by the pull-effect of the emerging Asian economies. Part of the problem is that the strategies adopted in the past to promote their development mainly emphasized on trade and aid measures, paid little attention to the removal of domestic obstacles, and hardly questioned the global governance system. UNCTAD's 2010 LDC Report addresses many of these problems. It proposes a systemic reforms of the global regimes for trade, FDI, official finance, technology transfers and climate change adaptation; the introduction of new measures addressing the structural weaknesses of the LDCs; and enhanced South–South coorperation with the fast-growing developing countries. By necessity, UNCTAD's Report has been selective in its approach, and has paid less attention to a few topics that are mentioned below for future consideration.

Suggested Citation

  • Giovanni Andrea Cornia, 2011. "Developing the Poorest Countries: New Ideas from the 2010 UNCTAD LDC Report," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 23(1), pages 12-16, February.
  • Handle: RePEc:pal:eurjdr:v:23:y:2011:i:1:p:12-16

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    References listed on IDEAS

    1. Susanna Kinnman & Magnus Lodefalk, 2007. "What is at Stake in the Doha Round?," The World Economy, Wiley Blackwell, vol. 30(8), pages 1305-1325, August.
    2. Paul A. Samuelson, 2004. "Where Ricardo and Mill Rebut and Confirm Arguments of Mainstream Economists Supporting Globalization," Journal of Economic Perspectives, American Economic Association, vol. 18(3), pages 135-146, Summer.
    3. Antoine Bouët & Simon Mevel & David Orden, 2007. "More or Less Ambition in the Doha Round: Winners and Losers from Trade Liberalisation with a Development Perspective," The World Economy, Wiley Blackwell, vol. 30(8), pages 1253-1280, August.
    4. Shafaeddin, Mehdi, 2006. "Is The Industrial Policy Relevant In The 21st Century?," MPRA Paper 6643, University Library of Munich, Germany.
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