Economic problems of the least-developed and land-locked OIC countries

This report monitors the recent developments in the economies of the OIC least-developed member countries (OIC-LDCs) and examines the trends in their major economic indicators during the five-year period 2000-2004. In the process, it highlights a number of socio-economic issues of concern to those countries, such as the external financial flows, the official development assistance and the external dept, thereby pointing to the need for special actions in their favour particularly in financial, commercial and technical cooperation areas. In this connection, the paper also sheds light on the UN Programme of Action for LDCs for 2001-2010 and puts forward a set of suggestions for its implementation with respect to the OIC LDCs. (J Eco Coop Isl Count/GIGA)