Republic of Sierra Leone Priorities for Sustainable Growth and Poverty Reduction
The objective of this Systematic Country Diagnostic (SCD) is to describe the current development challenges facing Sierra Leone and offer a set of priority areas of intervention to further the twin goals of reducing extreme poverty and boosting shared prosperity. The SCD is designed to be an evidence driven exercise that draws together diverse findings into a comprehensive country diagnostic. The SCD argues that, without taking into account the two main foundational constraints governance and fiscal space, it is unlikely that the proposed technical solutions will make a substantial impact on the twin goals. Many of the technical solutions that are in this document have been tried in multiple variations over the last 60 years by government, donor partners, and other stakeholders, but the results have been meager. Despite favorable geography and abundant resources, and after hundreds of millions of dollars in soft loans and grants, smart consultants, sound technical approaches, Sierra Leone continues to have development outcomes that rate among the worst in the world. This SCD argues that unless governance constraints are understood and mitigated this situation is unlikely to change very much. It further takes into account severe fiscal constraints in proposing ways to alleviate this while also avoiding reforms that require substantial financial outlays. If the two foundational issues are appropriately addressed, the priority technical interventions proposed here have the potential to unlock growth, reduce poverty, and improve the lives of the Sierra Leonean population.
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| Format: | Report biblioteca |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018-02-06
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| Subjects: | CONFLICT, FRAGILITY, POLITICAL SETTLEMENT, PUBLIC SECTOR INSTITUTIONS, PUBLIC SECTOR MANAGEMENT, POVERTY REDUCTION, SHARED PROSPERITY, ECONOMIC GROWTH, COMBATING THE FINANCING OF TERRORISM, FISCAL TRENDS, AGRICULTURAL PRODUCTIVITY, JOB CREATION, MINERAL RESOURCES, NATURAL RESOURCES, HUMAN CAPITAL INVESTMENT, GOVERNANCE, GOVERNANCE REFORM, POVERTY ALLEVIATION, RESOURCE MANAGEMENT, POLITICAL RISKS, ENVIRONMENTAL RISKS, KNOWLEDGE GAPS, |
| Online Access: | http://documents.worldbank.org/curated/en/152711522893772195/Sierra-Leone-Systematic-Country-Diagnostic-Priorities-for-Sustainable-Growth-and-Poverty-Reduction https://hdl.handle.net/10986/29701 |
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| Summary: | The objective of this Systematic Country
Diagnostic (SCD) is to describe the current development
challenges facing Sierra Leone and offer a set of priority
areas of intervention to further the twin goals of reducing
extreme poverty and boosting shared prosperity. The SCD is
designed to be an evidence driven exercise that draws
together diverse findings into a comprehensive country
diagnostic. The SCD argues that, without taking into account
the two main foundational constraints governance and fiscal
space, it is unlikely that the proposed technical solutions
will make a substantial impact on the twin goals. Many of
the technical solutions that are in this document have been
tried in multiple variations over the last 60 years by
government, donor partners, and other stakeholders, but the
results have been meager. Despite favorable geography and
abundant resources, and after hundreds of millions of
dollars in soft loans and grants, smart consultants, sound
technical approaches, Sierra Leone continues to have
development outcomes that rate among the worst in the world.
This SCD argues that unless governance constraints are
understood and mitigated this situation is unlikely to
change very much. It further takes into account severe
fiscal constraints in proposing ways to alleviate this while
also avoiding reforms that require substantial financial
outlays. If the two foundational issues are appropriately
addressed, the priority technical interventions proposed
here have the potential to unlock growth, reduce poverty,
and improve the lives of the Sierra Leonean population. |
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