Cote d'Ivoire : From Crisis to Sustained Growth -- Priorities for Ending Poverty and Boosting Shared Prosperity
This systematic country diagnostic is structured in two main parts, one backward looking and the other forward looking. The backward-looking analysis aims to draw lessons on the determinants of poverty and sustainable and inclusive growth from (a)...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/07/24801651/cote-divoire-crisis-sustained-growth-priorities-ending-poverty-boostingshared-prosperity-systematic-country-diagnostic http://hdl.handle.net/10986/23106 |
| Summary: | This systematic country diagnostic is
structured in two main parts, one backward looking and the
other forward looking. The backward-looking analysis aims to
draw lessons on the determinants of poverty and sustainable
and inclusive growth from (a) stakeholder consultations; (b)
a poverty profile; (c) a jobs profile; and (d) a review of
Cote d’Ivoire’s experience, and a comparison with Ghana and
Sri Lanka, countries with similarities to Côte d’Ivoire, but
with different growth trajectories. The poverty analysis
shows that over the past 25 years, poverty has deepened
considerably, in particular in rural areas in the North and
West. While the fall in cocoa prices played an important
role, consequences of the price shock were amplified by
political and social crisis and cuts in social expenditure.
The main employment challenge faced by Cote d’Ivoire is a
high concentration of employment in low-productivity
occupations, such as agricultural and non-agricultural
self-employment, particularly among the poor, women and
those living in rural areas. Very few individuals hold
formal wage jobs, and those who do are concentrated among
the more educated in urban areas. In the near- and medium
term, job creation will benefit significantly from growth in
the self-employment and micro-enterprise sectors. The
analysis concludes that Cote d’Ivoire’s poor performance can
be attributed to its response regarding four sets of policy
issues: (a) lack of agricultural development and
diversification; (b) lack of structural transformation into
agro-business and non-agrobusiness led by the private
sector; (c) inequitable social policies; and (d) lack of
good governance. Based on this analysis, the forward-looking
part outlines Côte d’Ivoire’s strategic pathways out of
poverty, better jobs creation through private sector-led
growth and human capital development, and the prerequisites
for achieving those goals. For better jobs creation, the
main pathways are increased agricultural productivity and
diversification into agribusiness and other types of
industries. Addressing constraints under these pathways, in
particular access to finance, will also promote
microenterprises and self-employment. For human capital
development, the main pathways are increased and higher
quality social spending and an effective social safety net.
The last chapter prioritizes key binding constraints and
discusses knowledge gaps. |
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