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The Least Developed Countries Report 2015

Transforming Rural Economies

image of The Least Developed Countries Report 2015
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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Agricultural productivity: Developments, determinants and impacts

The level and growth of agricultural productivity are critical both to the well-being of the population of the least developed countries (LDCs) and to the structural transformation of their economies. They are major determinants of poverty and of the income gap that separates them from other developing countries (ODCs) and developed countries, and play an essential role in the processes of rural structural transformation and development and in strengthening the rural non-farm economy (RNFE).

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