For creating as many as 16 million jobs a year for the youth reaching working age in LDCs, the UNCTAD’s Least Developed Countries Report 2013 put emphasis on raising investment, improving electricity supply and transport to enable LDC economies to increase variety and value of goods and services.
The report titled “Growth with Employment for Inclusive and Sustainable Development,” prepared by the UNCTAD, was released at a media briefing at CPD office on Wednesday, 20 November 2013. The UNCTAD report has also been launched globally on the same day.
Dr Fahmida Khatun, Research Director, CPD made a presentation highlighting major finding and recommendations of the report. She also presented a comparative analysis of Bangladesh’s performance with respect to other LDCs based on the report.
Bangladesh’s GDP growth over 6.2 per cent during 2002-2008, total remittance influx amounting to $4,328 million during 2000-2008, and performance in the area of demographic dynamics and employment trends were found to be impressive in contrast to other LDCs.
The UNCTAD LDCs Report 2013 identified slower economic growth as a particular impediment against job generation. It also found that decline in exports and commodity prices are beginning to pose difficulties for the LDCs.
The report outlines a framework for Linking Employment Creation and Development of Productive Capacities in the LDCs. It emphasised to boost productive capacities, credit, infrastructure, and especially the private sector to create jobs.
The media briefing was widely attended by electronic and print media.
[box title=”Downloads” color=”#333333″]Presentation on UNCTAD LDCs Report 2013 by Dr Fahmida Khatun
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