Côte d’Ivoire - Country Economic Memorandum : Sustaining the Growth Acceleration

The Ivorian economy needs to sustain its growth momentum. During the last decade, Côte d’Ivoire’s growth performance has been impressive. To achieve its ambitious goal of reaching emerging market status within one or two generations, however, it ne...

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Bibliographic Details
Main Author: World Bank
Format: Working Paper
Language:English
Published: Washington, DC 2022
Subjects:
Online Access:http://documents.worldbank.org/curated/en/099120003232241455/P171687030d5900da0a43f0b2a3eaa87ed6
http://hdl.handle.net/10986/37233
Description
Summary:The Ivorian economy needs to sustain its growth momentum. During the last decade, Côte d’Ivoire’s growth performance has been impressive. To achieve its ambitious goal of reaching emerging market status within one or two generations, however, it needs to maintain the strong growth for many years to come. Fewer than 15 countries have managed to sustain high growth for over 25 years in the postwar period, and their experience has shown that increasing productivity is at the heart of it. To follow in their footsteps, Ivorian growth also needs to be more inclusive and reduce structural imbalances, including the gap between the economic capital, Abidjan, and the rest of the country. This report addresses this question.