Lesotho : Systematic Country Diagnostic

Lesotho is one of the poorest and most unequal countries in the world. It is a small, mostly mountainous, and largely rural country of about 2 million people, completely surrounded by South Africa. The persistence of poverty and rising inequality a...

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Bibliographic Details
Main Author:	World Bank Group
Format:	Report
Language:	English en_US
Published:	World Bank, Washington, DC 2015
Subjects:	WASTE TARIFFS POPULATION DENSITIES OVERGRAZING RISKS RECLAMATION ECONOMIC INCENTIVES UNEMPLOYMENT RATES DURABLE GOODS GOVERNMENT EXPENDITURES ECONOMIC GROWTH PEOPLE POLICY ENVIRONMENT ENVIRONMENTAL DEGRADATION ANTENATAL CARE ENVIRONMENTAL PROBLEMS REFRIGERATION BURNS PREVENTION LAWS AGRICULTURAL PRODUCTION PRODUCERS MORBIDITY LAND RECLAMATION RESOURCE MANAGEMENT ENVIRONMENTAL COSTS SEXUAL HEALTH FINANCIAL RESOURCES SOCIAL WORK LABOR FORCE EMISSIONS POLITICAL ECONOMY HEALTH CARE REVENUES ENVIRONMENTAL ISSUES SEXUALLY TRANSMITTED INFECTIONS HUMAN RESOURCE MANAGEMENT INCENTIVES HEALTH MODELS AGRICULTURAL OUTPUT LIFE EXPECTANCY BIOLOGICAL DIVERSITY RESOURCE USE KNOWLEDGE ECONOMIC ACTIVITY PRESENT VALUE COST EFFECTIVENESS CLIMATIC CONDITIONS EXPLOITATION FEASIBILITY STUDIES IRON LABOR COSTS CROWDING OUT INFECTIOUS DISEASES FOOD POLICY RESEARCH PATIENTS NATURAL CAPITAL INTERVENTION SECONDARY SCHOOLS SAFETY MEASURES CAPITAL FORMATION FIXED COSTS OPTIONS LABOR PRODUCTIVITY MIGRATION STIS LIVESTOCK PRODUCTS HEALTH MANAGEMENT VIOLENCE MARKETING DEBT ANXIETY ALTERNATIVE FUELS ALLOCATIVE EFFICIENCY LAND DEGRADATION DISASTERS FORESTRY BENEFIT ANALYSIS SEXUAL INTERCOURSE NATURAL RESOURCES MIGRANTS MORTALITY SUBSIDIES SEXUAL PRACTICES EFFICIENCY FISHING FOOD PRODUCTION RANGELANDS AFTERCARE TAXES LAND USE NUTRITIONAL STATUS EFFECTIVE USE PRIMARY SCHOOLS GOVERNMENT SECURITIES RESOURCES UNEMPLOYMENT EQUITY ALTERNATIVE POLICIES PRODUCTIVITY GROWTH CONSUMPTION TECHNOLOGICAL CHANGE ECONOMIC IMPACT RURAL COMMUNITIES YOUNG ADULTS WORKERS WAGES CLIMATE CHANGE AGED INDUSTRIAL SITES POSTNATAL CARE IMMUNODEFICIENCY CREDIT ELASTICITIES PURCHASING POWER DEMAND CPI HEALTH OUTCOMES NATIONAL INCOME MINES SUSTAINABLE GROWTH AGGREGATE DEMAND PUBLIC EXPENDITURES FAMILY PLANNING ENVIRONMENTS EXPENDITURES PROPERTY TAX RATES MEASUREMENT OPPORTUNITY COSTS NUTRITION ENVIRONMENT WORKSHOPS SICK LEAVE ECONOMIC SITUATION ADOLESCENTS ECONOMICS SECURITIES TAX REVENUE INTERNET ECONOMIC FACTORS ECONOMIC DEVELOPMENT PREGNANT WOMEN TRADE LAND CHILDREN RETAINED EARNINGS COMPARATIVE ANALYSIS DRINKING WATER CLINICS CONSUMPTION PATTERNS HEALTH PROBLEMS COMPARATIVE ADVANTAGE COAL FARMS REVENUE PRIVATE CONSUMPTION HIGH UNEMPLOYMENT LIVING CONDITIONS TAX REFORM STRATEGY REGISTRATION FAMILIES MEDICINES SEXUAL VIOLENCE ENVIRONMENTAL HOSPITALS CIRCUMCISION LABOR MARKETS HEALTH SERVICES IMPLEMENTATION PREGNANCY CONDOMS PRICES DEMOGRAPHICS CONSUMER PROTECTION ECONOMIES BREASTFEEDING PUBLIC GOODS COMPETITION
Online Access:	http://documents.worldbank.org/curated/en/2015/07/24756158/lesotho-systematic-country-diagnostic http://hdl.handle.net/10986/23109

Description
Summary:	Lesotho is one of the poorest and most unequal countries in the world. It is a small, mostly mountainous, and largely rural country of about 2 million people, completely surrounded by South Africa. The persistence of poverty and rising inequality are striking for an economy that grew at annual rates of 4 percent per capita over the past decade. Redefining the role of the state will be critical for meeting the twin goals through boosting inclusive growth and avoiding macroeconomic and social risks. In this context, this Systematic Country Diagnostic (SCD) is intended to assess development challenges and identify priorities for rapid progress in achieving the objectives of: (i) eliminating extreme poverty on a sustainable basis and (ii) ensuring shared prosperity by improving the welfare of Lesotho’s poorer citizens. The report analyzes the opportunities and challenges in meeting these objectives, focusing on growth, inclusiveness, and sustainability. The SCD concludes by prioritizing the key challenges. Lesotho has an opportunity to eradicate extreme poverty and boost shared prosperity in coming years. It will require shifting to a growth model led by an export-oriented private sector, fortified by higher skilled, more productive, and more entrepreneurial individuals, households, and firms. Lesotho cannot realize this new growth model without redefining the role of the state. For this new model to develop, strong political consensus is necessary to push the difficult reforms needed.

Lesotho : Systematic Country Diagnostic

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