Structural Transformation, LDC Graduation and the Coronavirus Disease 2019 Pandemic: Policy Options for Cambodia, Lao People’s Democratic Republic and Myanmar

Anisuzzaman Chowdhury ()
Additional contact information
Anisuzzaman Chowdhury: Adjunct Professor, Western Sydney University & The University of New South Wales (Canberra campus)

No WP/21/04, MPDD Working Paper Series from United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)

Abstract: This paper has four objectives. First, it assesses progress made by Cambodia, Lao PDR and Myanmar (CML) towards graduating from their Least Developed Countries (LDC) status, and summarizes potential impacts from the loss of International Support Measures (ISMs) on the “smooth†and “sustainable†transition after graduating, especially in the context of new challenges arising from the ongoing COVID-19 pandemic and rising trade tensions. Second, it examines the extent of these economies diversification and identifies impediments to structural transformation. Third, it reflects on possible pathways to structural transformation and recommends strategies for building productive capacity and resilience to external shocks, highlighting the role of regional cooperation in this regard. Fourth, it identifies areas needing capacity building support from the international community, including the United Nations Sustainable Development System (UNSDS), in particular the Economic and Social Commission for Asia and the Pacific (ESCAP). The paper takes the view that “smooth†and “sustainable†graduation critically depends on acquiring productive capacity for dynamic structural transformation of the economy.

Keywords: structural transformation; LDC graduation; Colonavirus disease; COVID-19 impacts; least developed countries (search for similar items in EconPapers)
JEL-codes: O11 O14 O57 P52 (search for similar items in EconPapers)
Date: 2021-04
New Economics Papers: this item is included in nep-sea
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.unescap.org/kp/2021/working-paper-stru ... navirus-disease-2019
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:unt:wpmpdd:wp/21/04

Access Statistics for this paper

More papers in MPDD Working Paper Series from United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Contact information at EDIRC.
Bibliographic data for series maintained by Macroeconomic Policy and Development Division, ESCAP ( this e-mail address is bad, please contact ).