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GRADUATION FROM LDC STATUS

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GRADUATION FROM LDC STATUS Al Binger University of the West Indies AOSIS Inter-regional Preparatory Meeting for the WSSD SINGAPORE January 2002 To Graduate or Not to ... – PowerPoint PPT presentation

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Title: GRADUATION FROM LDC STATUS


1
GRADUATION FROM LDC STATUS
  • Al Binger
  • University of the West Indies
  • AOSIS Inter-regional Preparatory Meeting for the
    WSSD
  • SINGAPORE
  • January 2002

2
To Graduate or Not to Graduate ?
  • Background
  • The Criteria
  • The Key Questions
  • Personal Perspective

3
Background
  • The Criteria for graduation developed in 1991
    by the Committee on Development Policy- based on
    the famous GDP indicator

4
The Criteria
  • Graduate when you reach a certain level of per
    capita GDP and maintained over a relatively short
    period - based on fulfillment the CDP make a
    recommendation to the Secretary General

5
The Benefits
  • Priority Donor Assistance
  • Concessional Financing
  • Concessional Trade Agreements
  • Technical Assistance

6
Key Questions
  • What Does Graduation Imply?
  • What Are Some of the Weaknesses in the Criteria?
  • Natural Disasters
  • Loss of Preferential Markets
  • Bad Economic and Environment Policies

7
Key Questions (contd)
  • Whose Interest Does the Criteria Serve?
  • Minimize the Demand on Donors
  • While Being Seen As Responsive to the Needs of
    the Poorest Segment of the Global Population
  • While Protecting Markets
  • Is the Classification Still Relevant in the New
    Era of Economic and Environmental Globalization?

8
Key Questions (contd)
  • Is There Need for a New Set of Criteria That
    Addresses the Existing Weakness - World Bank
    Report?

9
GRADUATION FROM LDC STATUS
  • Al Binger
  • University of the West Indies
  • AOSIS Inter-regional Preparatory Meeting for the
    WSSD
  • SINGAPORE
  • January 2002
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