predict stagnation (Meade, 1961). We use growth accounting to analyze the sources of past growth and project potential ranges … of growth through 2033. Growth averaged 4½ percent over the past 20 years. Our baseline suggests future growth rates … around 3¼ percent, but growth could reach 4-5 percent with strong pro-active policies including (i) improving investment and …

Many small middle-income countries (SMICs) in sub-Saharan Africa (SSA) have experienced a moderation in growth in … historically, this growth model appears to have run its course. The analysis in this paper suggests that the decline in the … contribution of total factor productivity (TFP) to growth is largely responsible for the slowdown in trend growth in many SMICs …

Countries in Transition, ACTs) has slowed already sluggish growth; worsened unemployment, particularly of youth; undermined … the Arab Spring and based on cross-country experience, this paper concludes that sustainable and inclusive growth calls … for a two pronged approach: short term measures that revive growth momentum and partially allay popular concerns …

economy by 2035. This scenario foresees strong and lasting average annual growth, supported by ambitious policies for …

performance of policies, the political and institutional environment, and the constraints weighing on its growth as well as the …

to push forward the authority’s agenda for high, sustained, and inclusive growth and poverty reduction. The private … sector is recognized as the main engine of growth in the Senegalese economy. The strategy is clearly focused on improving the …