1945

Financing for structural transformation in Asia’s Landlocked least Developed Countries

Landlocked least developed countries – Afghanistan, Bhutan, the Lao People’s Democratic Republic and Nepal – face particular challenges in addressing slow structural transformation and poverty reduction. Being classified as LDCs, they face the typical challenge of scarce financial resources to transform their economies. They are also confronted with a greater incidence of poverty, low levels of human assets and greater vulnerability to external shocks. Concerted and coordinated efforts, both domestic and international, at mobilising financial resources are thus necessary to advance structural changes and reduce poverty therein.

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