Mémorandum économique de l’Union des Comores
Comoros is at the crossroads to redefine its future and become an upper-middle income country by 2050, but this would require implementing an ambitious reform agenda that focuses on increasing productivity and private investment. The current business-as-usual policy framework has delivered low private investment and human capital, sectoral growth below potential, and no poverty eradication. Pursuing this policy framework, which would not allow Comoros to reach the GDP growth target of 7.5 percent by 2030 laid out in the national development plan, could result in GDP per capita of US$1,890 and a poverty rate of 22.9 percent by 2050. By contrast, under a policy framework of ambitious reforms that include measures to increase inclusiveness, Comoros could reach a GDP per capita of US$3,934 and reduce the poverty rate to below 5 percent by 2050. Supported by the continuous implementation of ambitious reforms, such a level of GDP per capita could have Comoros reach upper-middle-income status by 2050. Under this ambitious reform agenda, private investment would average 11.9 percent of GDP in 2023–2050, and total factor productivity growth would average 1.45 percentage points per year during the same period.
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Format: | Report biblioteca |
Language: | English en_US |
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Washington, DC: World Bank
2023-09-14
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Subjects: | GROWTH POTENTIAL, HUMAN CAPITAL, PRIVATE SECTOR DEVELOPMENT, REGIONALIZATION, TOURISM SECTOR, FISHERIES SECTOR, |
Online Access: | http://documents.worldbank.org/curated/en/099090823092520222/P179329006a69d0170a9e500b534f05d74a https://openknowledge.worldbank.org/handle/10986/40354 |
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dig-okr-10986403542024-07-25T15:16:43Z Mémorandum économique de l’Union des Comores The Union of Comoros Country Economic Memorandum Stimuler la croissance pour de plus grandes opportunités Boosting Growth for Greater Opportunities World Bank GROWTH POTENTIAL HUMAN CAPITAL PRIVATE SECTOR DEVELOPMENT REGIONALIZATION TOURISM SECTOR FISHERIES SECTOR Comoros is at the crossroads to redefine its future and become an upper-middle income country by 2050, but this would require implementing an ambitious reform agenda that focuses on increasing productivity and private investment. The current business-as-usual policy framework has delivered low private investment and human capital, sectoral growth below potential, and no poverty eradication. Pursuing this policy framework, which would not allow Comoros to reach the GDP growth target of 7.5 percent by 2030 laid out in the national development plan, could result in GDP per capita of US$1,890 and a poverty rate of 22.9 percent by 2050. By contrast, under a policy framework of ambitious reforms that include measures to increase inclusiveness, Comoros could reach a GDP per capita of US$3,934 and reduce the poverty rate to below 5 percent by 2050. Supported by the continuous implementation of ambitious reforms, such a level of GDP per capita could have Comoros reach upper-middle-income status by 2050. Under this ambitious reform agenda, private investment would average 11.9 percent of GDP in 2023–2050, and total factor productivity growth would average 1.45 percentage points per year during the same period. Les Comores sont à la croisée des chemins dans la redéfinition de leur avenir et le cheminement vers le statut de pays à revenu intermédiaire de la tranche supérieur d’ici 2050, mais cela nécessiterait la mise en œuvre d’un programme de réformes ambitieux axé sur l’amélioration de la productivité et de l’investissement privé. Le cadre politique actuel, caractérisé par le maintien du statu quo s’est traduit par un faible niveau d’investissement privé et de capital humain, une croissance sectorielle inférieure au potentiel et aucune éradication de la pauvreté. Le maintien de ce cadre politique, qui ne permettrait pas aux Comores d’atteindre l’objectif de croissance du PIB de 7,5 pour cent d’ici 2030 tel qu’énoncé dans le plan national de développement, pourrait se traduire par un PIB par habitant de 1 890 dollars E-U et un taux de pauvreté de 22,9 pour cent d’ici 2050. En revanche, dans un cadre politique de réformes ambitieuses comprenant des mesures visant à accroître l’inclusivité, les Comores pourraient atteindre un PIB par habitant de 3 934 dollars E-U et réduire le taux de pauvreté à moins de 5 pour cent d’ici 2050. Soutenu par la mise en œuvre continue de réformes ambitieuses, un tel niveau de PIB par habitant donnerait aux Comores le statut de pays à revenu intermédiaire de la tranche supérieure d’ici 2050. Dans le cadre de cet ambitieux programme de réformes, l’investissement privé atteindrait en moyenne 11,9 pour cent du PIB sur la période 2023–2050 et la croissance de la productivité totale des facteurs serait en moyenne de 1,45 point de pourcentage au cours de la même période. 2023-09-14T20:04:47Z 2023-09-14T20:04:47Z 2023-09-14 Report http://documents.worldbank.org/curated/en/099090823092520222/P179329006a69d0170a9e500b534f05d74a https://openknowledge.worldbank.org/handle/10986/40354 English en_US CC BY-NC 3.0 IGO https://creativecommons.org/licenses/by-nc/3.0/igo World Bank application/pdf text/plain application/pdf Washington, DC: World Bank |
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GROWTH POTENTIAL HUMAN CAPITAL PRIVATE SECTOR DEVELOPMENT REGIONALIZATION TOURISM SECTOR FISHERIES SECTOR GROWTH POTENTIAL HUMAN CAPITAL PRIVATE SECTOR DEVELOPMENT REGIONALIZATION TOURISM SECTOR FISHERIES SECTOR |
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GROWTH POTENTIAL HUMAN CAPITAL PRIVATE SECTOR DEVELOPMENT REGIONALIZATION TOURISM SECTOR FISHERIES SECTOR GROWTH POTENTIAL HUMAN CAPITAL PRIVATE SECTOR DEVELOPMENT REGIONALIZATION TOURISM SECTOR FISHERIES SECTOR World Bank Mémorandum économique de l’Union des Comores |
description |
Comoros is at the crossroads to redefine its future and become an upper-middle income country by 2050, but
this would require implementing an ambitious reform agenda that focuses on increasing productivity and private
investment. The current business-as-usual policy framework has delivered low private investment and human capital,
sectoral growth below potential, and no poverty eradication. Pursuing this policy framework, which would not allow
Comoros to reach the GDP growth target of 7.5 percent by 2030 laid out in the national development plan, could result
in GDP per capita of US$1,890 and a poverty rate of 22.9 percent by 2050. By contrast, under a policy framework of
ambitious reforms that include measures to increase inclusiveness, Comoros could reach a GDP per capita of US$3,934
and reduce the poverty rate to below 5 percent by 2050. Supported by the continuous implementation of ambitious
reforms, such a level of GDP per capita could have Comoros reach upper-middle-income status by 2050. Under this
ambitious reform agenda, private investment would average 11.9 percent of GDP in 2023–2050, and total factor
productivity growth would average 1.45 percentage points per year during the same period. |
format |
Report |
topic_facet |
GROWTH POTENTIAL HUMAN CAPITAL PRIVATE SECTOR DEVELOPMENT REGIONALIZATION TOURISM SECTOR FISHERIES SECTOR |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Mémorandum économique de l’Union des Comores |
title_short |
Mémorandum économique de l’Union des Comores |
title_full |
Mémorandum économique de l’Union des Comores |
title_fullStr |
Mémorandum économique de l’Union des Comores |
title_full_unstemmed |
Mémorandum économique de l’Union des Comores |
title_sort |
mémorandum économique de l’union des comores |
publisher |
Washington, DC: World Bank |
publishDate |
2023-09-14 |
url |
http://documents.worldbank.org/curated/en/099090823092520222/P179329006a69d0170a9e500b534f05d74a https://openknowledge.worldbank.org/handle/10986/40354 |
work_keys_str_mv |
AT worldbank memorandumeconomiquedeluniondescomores AT worldbank theunionofcomoroscountryeconomicmemorandum AT worldbank stimulerlacroissancepourdeplusgrandesopportunites AT worldbank boostinggrowthforgreateropportunities |
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1806032536594284544 |