ASIA-PACIFIC LEAST DEVELOPED COUNTRIES: SUSTAINABLE DEVELOPMENT CHALLENGES, EMERGING TRENDS AND OPPORTUNITIES

Nyingtob Norbu () and Yusuke Tateno ()
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Nyingtob Norbu: (corresponding author)The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)
Yusuke Tateno: The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)

Asia-Pacific Sustainable Development Journal, 2024, vol. 31, issue 2, 1-25

Abstract: This paper provides a review of the progress made by least developed countries in the Asia-Pacific region, highlighting their diverse growth trajectories and comparing them with African least developed countries. The analysis differentiates between the successful cases of labour-intensive manufacturing in Asia-Pacific least developed countries and the commoditydriven growth of their African counterparts. In addition, key trends, such as the shift towards a service-oriented structural transformation and the vulnerabilities associated with climate change, are identified and priority areas to address these challenges and harness opportunities, including enhancing productive capacities by leveraging digitalization and initiatives for climate resilience, are proposed.

Keywords: Asia-Pacific least developed countries; sustainable development; Doha Programme of Action; structural transformation; productive capacities; climate change; digitalization; graduation (search for similar items in EconPapers)
JEL-codes: I32 O11 O14 Q54 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:unt:japsdj:v:31:y:2024:i:2:p:1-25

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