São Tomé and Príncipe : A Country Economic Memorandum

This report assesses the progress made by Sao Tome and Principe over the past decade, and presents a set of recommendations on policy and institutional change that might help the economy perform better in the future. This exercise is important, on...

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Main Author: World Bank
Format: Country Economic Memorandum
Language:English
en_US
Published: Washington, DC 2013
Online Access:http://documents.worldbank.org/curated/en/2004/09/5873318/sao-tome-principe-country-economic-memorandum
http://hdl.handle.net/10986/14400
id okr-10986-14400
recordtype oai_dc
spelling okr-10986-144002021-04-23T14:03:18Z São Tomé and Príncipe : A Country Economic Memorandum World Bank This report assesses the progress made by Sao Tome and Principe over the past decade, and presents a set of recommendations on policy and institutional change that might help the economy perform better in the future. This exercise is important, on one hand, in light of the need to manage the country's higher income expected shortly from its oil resources so as to make it the basis of permanent improvement in the lives of its people. After the Introduction, Chapter 2 reviews the country's recent reform and policy initiatives, its macroeconomic and sectoral performance, and the effectiveness of public policy during the later 1990s. Chapter 3 outlines the constraints to private-sector-led growth. It also analyzes the two sectoral sources that hold the most promise for economic diversification; agriculture and tourism. Chapter 4 examines the main economic development challenges the country faces in achieving growth and poverty alleviation: human resource development, economic management, continued institutional reforms, and capacity building. It provides medium-term recommendations for policy reforms to underpin the process of efficient and sustained growth and poverty reduction. In Chapter 5, macroeconomic projections provide an indication of Sao Tome's medium-term prospects. 2013-07-09T15:15:42Z 2013-07-09T15:15:42Z 2004-09-01 http://documents.worldbank.org/curated/en/2004/09/5873318/sao-tome-principe-country-economic-memorandum http://hdl.handle.net/10986/14400 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Country Economic Memorandum Economic & Sector Work Africa Sao Tome and Principe
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
geographic_facet Africa
Sao Tome and Principe
description This report assesses the progress made by Sao Tome and Principe over the past decade, and presents a set of recommendations on policy and institutional change that might help the economy perform better in the future. This exercise is important, on one hand, in light of the need to manage the country's higher income expected shortly from its oil resources so as to make it the basis of permanent improvement in the lives of its people. After the Introduction, Chapter 2 reviews the country's recent reform and policy initiatives, its macroeconomic and sectoral performance, and the effectiveness of public policy during the later 1990s. Chapter 3 outlines the constraints to private-sector-led growth. It also analyzes the two sectoral sources that hold the most promise for economic diversification; agriculture and tourism. Chapter 4 examines the main economic development challenges the country faces in achieving growth and poverty alleviation: human resource development, economic management, continued institutional reforms, and capacity building. It provides medium-term recommendations for policy reforms to underpin the process of efficient and sustained growth and poverty reduction. In Chapter 5, macroeconomic projections provide an indication of Sao Tome's medium-term prospects.
format Economic & Sector Work :: Country Economic Memorandum
author World Bank
spellingShingle World Bank
São Tomé and Príncipe : A Country Economic Memorandum
author_facet World Bank
author_sort World Bank
title São Tomé and Príncipe : A Country Economic Memorandum
title_short São Tomé and Príncipe : A Country Economic Memorandum
title_full São Tomé and Príncipe : A Country Economic Memorandum
title_fullStr São Tomé and Príncipe : A Country Economic Memorandum
title_full_unstemmed São Tomé and Príncipe : A Country Economic Memorandum
title_sort são tomé and príncipe : a country economic memorandum
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2004/09/5873318/sao-tome-principe-country-economic-memorandum
http://hdl.handle.net/10986/14400
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