Lake Chad Regional Economic Memorandum : Development for Peace
This report sheds light on the interlocked long-term territorial development challenges and the recently realized systemic risks affecting the Lake Chad region. It summarizes the findings of seven technical papers, each investigating different aspe...
| Main Authors: | , , , , |
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| Format: | Report |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/undefined/199391636438425177/Lake-Chad-Regional-Economic-Memorandum-Development-for-Peace http://hdl.handle.net/10986/36571 |
| Summary: | This report sheds light on the
interlocked long-term territorial development challenges and
the recently realized systemic risks affecting the Lake Chad
region. It summarizes the findings of seven technical
papers, each investigating different aspects of the
interlinked challenges faced by the region. These studies
are accompanied by complementary research on labor market
and geospatial socioeconomic trends, as well as by a review
of the thin literature on economic development across the
region. In addition to presenting the main results of the
technical papers, the report positions the findings in the
broader context of an analytical framework depicting the
feedback mechanisms between the region’s territorial
development gaps and the self-reinforcing link to shocks,
namely, violent conflict and climate change. This analytical
framework is presented in Section 1.2. The rest of the
report is structured as follows. Section 1.3 describes the
main social and economic trajectories in the region. It
reviews long-term demographic trends, suggesting. Section
1.4 argues that the low-growth, high-poverty equilibrium
observed in the region is closely linked to the region’s
economic geography. Section 1.5 discusses how the impact of
climatic variation and violent conflict experienced in the
region interlink with and exacerbate the territorial
development challenges. Section 1.6 presents policy
directions structured around four crosscutting themes:
infrastructure, trade, governance, and natural resource
management. The crosscutting nature of these themes
encourages the exploration of potential synergies across
challenge areas. The discussion in the section aims to
inform policy-making efforts to strengthen territorial
development and mitigate the impacts of conflict and climate
change. Such endeavors can increase the likelihood of
breaking free from the self-reinforcing negative mechanisms
and boost the potential return of the region to a path of
stability and inclusive economic development. |
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