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Strategic considerations for a smooth graduation with momentum
- Author: United Nations Conference on Trade and Development
- Main Title: Vulnerability Profile: Myanmar , pp 46-46
- Publication Date: April 2022
- DOI: https://doi.org/10.18356/9789214030133c009
- Language: English
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The vulnerability profile of Myanmar highlights the progress achieved during decades of policy reforms under political and economic sanctions. The resumption of economic relations has contributed to the acceleration of progress towards graduation from the LDC category. Graduation is a milestone in the development process, but also marks the onset of a new set of challenges. When a country officially graduates from the LDC category, it enters into a transition period characterized by a gradual phasing out of LDC-specific treatment and, eventually, the withdrawal of international support measures and other concessions. It is critical for eligible countries to formulate and implement smooth transition strategies, the overall aim of which is to prepare for the transition phase and the post-graduation period.
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