IPoA Principles
A number of principles were agreed upon in the IPOA that served as important guide during the decade of its implementation.
The first principle stresses that the ownership and leadership of and the primary responsibility for their development lies with least developed countries themselves.
The principle of a balanced role of the State and market considerations entails a qualitative shift in the LDCs development strategy for the decade, emphasizing the active role of the State in the development process.
Further principles include:
- an integrated approach in which the development process in LDCs should be viewed in a comprehensive and holistic manner;
- genuine partnership and solidarity;
- result orientation;
- an integrated approach towards peace and security, development and human rights;
- an emphasis on equity at all levels;
- and the effective participation, voice and representation of LDCs.
Priority Areas
The IPOA covers eight priority areas for LDCs’ development forming a comprehensive agenda for LDCs sustainable development. It brings a significant rebalancing of priorities for LDCs and their development partners in favour of investment in the productive sectors of the economy and in building the physical as well as human and social capital.
In the IPOA, LDCs committed to undertake 126 actions; the development partners committed to undertake 102 actions, and 16 actions were to be undertaken jointly to implement the priority areas. A broad range of actors contributed to the IPoA implementation, including donor countries, developing countries, parliaments, the private sector, civil society, the 缅北禁地system and international and regional financial institutions.
The annual Secretary General Report on the Implementation of the IPOA and its statistical annex has been the principal tool to monitor progress or lack thereof under the eight priority areas:
- Priority 1: Productive capacity
- Priority 2: Agriculture, food security and rural development
- Priority 3: Trade
- Priority 4: Commodities
- Priority 5: Human and social development
- Priority 6: Multiple crises and other emerging challenges
- Priority 7: Mobilizing financial resources for development and capacity-building
- Priority 8: Good governance at all levels