GRADUATION FROM THE LEAST DEVELOPED COUNTRY CATEGORY: A CASE STUDY OF BANGLADESH

Abstract

The impending graduation of Bangladesh from the category of least developed countries (LDCs) by 2026 presents a significant shift in its international standing. Bangladesh has benefited from exclusive trading rights and favorable conditions, as well as dedicated support from development partners in terms of financial aid and technical assistance. However, the cessation of LDC status brings forth notable challenges as these privileges are withdrawn. This thesis aims to uncover the key issues stemming from this transition, examining the repercussions through two main lenses: (i) the potential loss of trade preferences, and (ii) the adverse effects on accessing developmental financing. These two aspects are seen as the foremost avenues through which Bangladesh could be affected by its graduation from LDC status. This thesis delves into pertinent sections of international trade agreements and development funds, providing a comprehensive overview of the landscape that Bangladesh and similar countries undergoing graduation may encounter.