Transition Finance Challenges for Commodity-based Least Developed Countries: The example of Zambia

Jieun Kim, Olivier Cattaneo, Arnaud Pincet and Konstantin Poensgen

No 49, OECD Development Co-operation Working Papers from OECD Publishing

Abstract: The Zambia country pilot study was conducted by the OECD Development Assistance Committee (DAC) to explore the challenges of transition finance for a commodity-based Least Developed Country (LDC). In particular, debt sustainability concerns are viewed within the context of the shifting financing for sustainable development landscape of Zambia following its re-classification to Lower Middle Income Category (LMIC).In line with the Addis Ababa Action Agenda (AAAA), the pilot study proposes a new “ABC” approach targeted to assess all available sources of financing (official development finance, private investment, domestic resources, and remittances), identify emerging SDG financing gaps and promote better alignment of resources with national financing for sustainable development strategies.

Keywords: Addis Ababa Action Agenda; commodity exporter; debt sustainability; financing for sustainable development; LDC; SDGs; Transition finance; Zambia (search for similar items in EconPapers)
JEL-codes: A F34 F35 H00 H2 H6 O1 O2 (search for similar items in EconPapers)
Date: 2018-12-19
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Persistent link: https://EconPapers.repec.org/RePEc:oec:dcdaaa:49-en

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