Macroeconomic Management for Poverty Reduction

Macroeconomic management in Chad, Mali and Niger needs to account for a number of specific parameters. Very rapid population growth exerts immense pressure on the demand for education and health services. Economic activity and prices are strongly influenced by climatic variations, and exports and government revenues depend on a few commodities whose price widely fluctuate. Security threats complicate budget planning and divert public resource from developmental uses. Belonging to monetary unions strengthens macroeconomic stability, but limits as well the range of policy instruments at the disposal of countries' authorities to address the many developmental challenges they face.

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Bibliographic Details
Main Author: World Bank Group
Format: Report biblioteca
Language:English
Published: World Bank, Washington, DC 2016-04-01
Subjects:ECONOMIC GROWTH, ECONOMIC OUTLOOK, POVERTY REDUCTION, MACROECONOMIC POLICY, PUBLIC SECTOR PERFORMANCE, SERVICE DELIVERY, PUBLIC INVESTMENT MANAGEMENT,
Online Access:http://documents.worldbank.org/curated/en/946591542123345253/Macroeconomic-Management-for-Poverty-Reduction-Chad-Mali-Niger
https://hdl.handle.net/10986/30953
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Summary:Macroeconomic management in Chad, Mali and Niger needs to account for a number of specific parameters. Very rapid population growth exerts immense pressure on the demand for education and health services. Economic activity and prices are strongly influenced by climatic variations, and exports and government revenues depend on a few commodities whose price widely fluctuate. Security threats complicate budget planning and divert public resource from developmental uses. Belonging to monetary unions strengthens macroeconomic stability, but limits as well the range of policy instruments at the disposal of countries' authorities to address the many developmental challenges they face.