The slides are about Bangladesh's Challenges and opportunities in LDC Graduation

1. LDC Graduation of Bangladesh:
A Journey towards Prosperity
Presented by SM NAZIF

2. What is LDC?
- What does it represent ?
- What are the Indicators ?
- How many Countries are there?

3. - Least Developed Countries
- defined as low - income countries suffering from the
most severe structural barriers to sustainable
development
- Poorest & Weakest segment of
the international community
12% of
world
population
2% of
world GDP
1% of
global trade in
goods

4. 1.Poverty:A country must have GNI per capita
less than US $1,035 to be included on the list.
2. Human Resource Weakness
Based on indicators of nutrition, health, education and adult literacy
3. Economic Vulnerability
Based on instability of agricultural production, instability of exports
of goods and services

5. the movement of one country from the category “Least
Developing Country” to “Developing Country” by meeting
certain objectives on three different criteria.
LDC graduation

6.  The 3 criteria are
Gross National Income (GNI)
per capita based on a three-year average estimate of the gross national income (GNI) per
capita (above 1230$)
Human Assets Index (HAI) (above 66)
Based on indicators of: (a) Nutrition (b) Health
(c) Education (d) Adult literacy.
Economic Vulnerability Index (EVI) (below 32)
based on indicators of :
instability of agricultural production
economic importance of non-traditional activities (share of manufacturing and modern services in
GDP);

7. LDC Category : Bangladesh Profile

9. 2018
Eligibility determined
for the first time at
triennial review.
Country notified.
2018-2021
UNDESA prepares
impact assessment
and UNCTAD prepares
vulnerability profile.
Government and
partners consulted.
2021
Second review,
recommendation to
ECOSOC,
endorsement, action
by General Assembly
2021-2024
Transition strategy,
monitoring, annual
reports to ECOSOC.
2024
Graduation
becomes
effective.
YEAR 0
YEAR 6
YEARS 3-6YEAR 3YEARS 0-3

11. CHALLENGES FOR BANGLADESH
Loss of preferential Markets
No more duty-free excess to the markets from developed countries for our
goods & services.
Loss of export earnings 2.7 Billion per year. 8.5 % of BD export .
No longer be eligible for grants & low interest loans from
Developed countries
Intellectual Property Rights
The benefits of technical cooperation & other forms of assistants will be
pulled out.

12. Financial Impact
Contribution to UN
General Rules for LDC’s After Graduation
Based on indicators of gross national
income, debt-burden, and per capita
income each nations are assigned
percentage to contribute in UN annual
budget. . The minimum contribution rate
is 0.001%. The maximum is 22% but for
LDCs it is 0.01%.So Bangladesh’s share
was .01%.
Bangladesh would have been
contributed 0.079% per year. This meant
an increase in contribution of the order
of $1.9M per year

13. Comparative analysis of Bangladesh’s performance

14. Opportunities for Bangladesh
Brand Value of
BD will be
enhanced
Attract Investor
Will increase
Production
Capacity
Diversification
Negotiate
Bilateral Trade

15. Feasible Planning
 Focus should be on longer term development pathway rather than on
meeting the statistical eligibility for graduation
 To get this economic sustainability Bangladesh need to utilize its huge manpower in IT
sector and also it is very essential to ensure proper governance and institutional
framework
 Facilitate private investments
 Export Diversification

16. Obstacles
Can be
Overcome by
Huge population pressures
Utilizing Demographic
divided
Climate change
Automation of
production
Policy regarding green
economic zone
Enhancing Technical
Skilled labor force

17. “If you wish to cross the sea, it is not enough
just to stand at its edge and merely stare at
the waters”. - Rabindranath Tagore