Morocco has steered significant resources towards large investments in economic sectors identified as strategic to growth, and for increased productivity and value addition. Despite Morocco's strikingly high investment rate, one of the highest in the world at an average of thirty-four percent of...

In Guinea, the quality of human capital is as crucial for economic success as its vast mineral resources. Improving the quality of education, ensuring the creation of a productive labor with high returns, and, above all, encouraging the creation of private enterprises through a favorable...

Bangladesh has set up an ambitious target of attaining middle-income status by 2021. To achieve this objective, the economy needs to grow at a sustained rate of 7.5-8 percent annually and this would in turn require an increase in private investment to at least 26.6 percent of GDP from 22 percent...

Despite being an upper middle income country, South Africa's high inequality and the long-lasting legacies of apartheid mean that the country is faced with numerous development challenges, many of which are characteristic of countries with much lower incomes. This paper focuses on social...

South Africa's social assistance system represents a major intervention by government in addressing the deprivation amongst the country's population. The system is extensive in terms of both the number of people it covers, directly and indirectly, as well as in terms of the amount of scarce...

The South African financial system has weathered the shock of COVID-19 but faces growing risks emanating from a weak macroeconomic outlook. The pandemic crisis hit South Africa hard, with nonresident capital outflows accelerating and the domestic and global slowdown precipitating a6.4 percent...

The Southern African Customs Union (SACU) is the most unequal region in the world. While there has been some progress in recent years, inequality has remained almost stagnant in the most unequal countries. Using an innovative framework, this report provides a systematic and comprehensive...