The Least Developed Countries Report 2015

Transforming Rural Economies

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This report documents the importance of the rural sector and agriculture in least developed countries (LDCs), through employment generation and economic activity. The discussion is placed in the perspective of the post-2015 development agenda, in which rural economic transformation will be vital for poverty eradication. It presents evidence on agricultural productivity dynamics in LDCs, discussing the importance of agricultural productivity for human development in rural areas, and analyzing the key elements driving agricultural productivity growth in these countries. It examines the synergies and complementarities between agricultural productivity growth and rural economic diversification. It discusses policies which need to be put in place.

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The 2030 agenda for sustainable development and the rural development imperative

The year 2015 marks the transition from the Millennium Development Goals (MDGs) to the much broader 2030 Agenda for Sustainable Development and the much more ambitious Sustainable Development Goals (SDGs) (box 1.1). This represents a paradigm shift in the development agenda. The SDGs, for the first time, establish a collectively agreed set of universal goals for an inclusive and sustainable global development process. They also represent a step change in ambition, seeking not merely to reduce poverty in all its dimensions, but to eradicate it within just 15 years. Achieving this will require a new and different approach to development, and nowhere more so than in the least developed countries (LDCs).

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