The effects of COVID-19 on industry in least developed countries
LDCs may have recovered their industrial production but not their trade in manufacturing products.
LDCs may have recovered their industrial production but not their trade in manufacturing products.
The diaspora can support the country’s diversification and foster its economic integration into global value chains.
The reversal of industrialization trends in Sub-Saharan Africa raises hopes about the future of manufacturing in the region.
The pandemic-induced crisis will have severe impacts on household incomes and industries in the region and requires swift policy actions.
COVID-19 stimulus packages must carry energy efficiency incentives to help industries and economies rebound.
Policy actions and coordination will be crucial in mitigating the impacts of the global pandemic on industry.