Ex-ante impact assessment of likely consequences of graduation of Republic of Equatorial Guinea from the least developed country category

Ex-ante impact assessment of likely consequences of graduation of Republic of Equatorial Guinea from the least developed country category

Department of Economic and Social Affairs | November 2008
Printer-friendly versionPrinter-friendly versionEmailEmail

The Committee for Development Policy considered Equatorial Guinea eligible for graduation for the first time in 2006, which triggered the preparation of this ex-ante impact assessment report. The country has experienced remarkable growth fueled by the development of the hydrocarbon sector and reached a relatively high level of per capita income. Official development finance inflows are negligible as a share of GDP while it is unlikely that necessary technical assistance support will be withdrawn due to graduation. Exports-- dominated by fuels-- already enter major markets at zero tariffs under the Most Favoured Nation treatment. With the exception of a few support measures, such as United Nations-related travel benefits, the country seems to benefit little from its LDC status. Graduation from the category will likely have minimal impact.

EG JUSTICE - is a 501(c)(3) organization.
P.O. Box 57297 Washington, DC 20037 1 (202) 643 4345 Copyright © 2010 EG Justice, all rights reserved.