The least developed countries report 2006

In recent years, many least developed countries (LDCs) have achieved higher rates of economic growth than in the past and even higher growth of exports and of Foreign Direct Investment inflows. But this is not translating effectively into poverty reduction and improved human well-being. Moreover, the sustainability of growth is fragile as it is highly dependent on trends in commodity prices, aid inflows, trade preferences and weather conditions.

The UNCTAD report argues that the development of domestic productive capacities and concomitant expansion of productive employment opportunities is the key to sustained economic growth and poverty reduction in the LDCs.

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Download the full UNCTAD report (in PDF format)