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Frequently referred to as the Giant of Africa, Nigeria is growing slower than its population and large numbers of … people are poor. With gross national income per capita of USD 2,100 (in 2017; Atlas method, WDI), Nigeria is classified as a … 42.8 percent of Nigeria's population was living in extreme poverty in 2016. Poverty has been rising in rural areas and in …
Persistent link: https://www.econbiz.de/10012646904
Bolivia made substantial progress in reducing poverty and inequality during the commodity boom, and despite the adverse external context of the past five years, poverty reduction continued, albeit more slowly. Expansionary policies allowed the country to continue growing and reducing poverty...
Persistent link: https://www.econbiz.de/10012817492
Sao Tome and Principe (STP), a small island nation of 215,000 people in the Gulf of Guinea off the coast of Central Africa, is in many ways a country of great untapped wealth. One of Africa's least known countries, its striking volcanic landscape is home to virgin rainforests with rich...
Persistent link: https://www.econbiz.de/10012700653
Systematic Country Diagnostics (SCDs) analyze the most critical constraints and opportunities to ending extreme poverty and promoting shared prosperity in a sustainable manner. The first SCD for Egypt was published in 2015. A lot has happened since then, so this SCD Update takes advantage of a...
Persistent link: https://www.econbiz.de/10012700655
Bleak short-term economic outlook raises the risk that social and environmental achievements may not be sustained. The changed economic circumstances have exposed shortcomings in Brazil's development model, epitomized by the struggle to achieve a sustainable fiscal policy. Against this...
Persistent link: https://www.econbiz.de/10012644542
Guinea-Bissau is fighting a battle against poverty, low growth, and political fragility. Each of these areas presents both a formidable challenge as well as an opportunity for serious, long-lasting and much-needed change. Poverty is entrenched, inequality is high and other human development...
Persistent link: https://www.econbiz.de/10012644551
This Systematic County Diagnostics is organized into six parts. The first part presents a brief overview of the country's recent socio-political and economic context. The second part examines the links between poverty, income distribution and economic growth, through the labor market, against...
Persistent link: https://www.econbiz.de/10012644567
The Yugo, a communist-era car from the former Yugoslavia, was widely ridiculed for shedding its parts on roads across Europe and the United States. Zastava, which made Yugo, fared even worse than its product. After the Balkan conflicts of the 1990s, the factory was reduced to producing only...
Persistent link: https://www.econbiz.de/10012644976
Guinea is a country with a rich historical legacy, abundant natural resources, a privileged geographical location - and a rapidly growing population. A successful political transition and the emergence of a vibrant civil society have helped to ensure ethnic peace and the absence of civil wars in...
Persistent link: https://www.econbiz.de/10012645143
Since its independence in 1991 and until prior to the global financial crisis (GFC) in 2008-09, Armenia was considered an important success story among the transition economies. Indeed, over several years, the country displayed a record of sustained macroeconomic achievements, reflected in high...
Persistent link: https://www.econbiz.de/10012645285