About the product
The least developed countries (LDCs) in the Asia and the Pacific region rely heavily on aid, which comprises the largest component of their external finance. However, in view of declining external assistance from official sources and structural limitations of these countries in attracting foreign private capital, effective utilization of aid assumes special significance. This publication addresses the issue of enhancing the effectiveness of aid. It presents an overview of trends in aid flows to LDCs in the region and analyzes some of the main issues common to these countries. In addition, it offers the experiences of Bangladesh, Lao People's Democratic Republic, Nepal and Vanuatu through in depth case studies.