Identifying opportunities to increase agricultural productivity and incomes is an important priority for rural development. Progress toward poverty reduction continued in recent years, but the contribution of the agriculture sector was weak, mainly because productivity improvements were...

A small open economy, Benin has seen growth that is above average for the region. The volatility of high growth spells combined with low productivity growth has translated into limited gains in income per capita. Following its transition from low-income country to lower middle income country...

The COVID-19 pandemic and the decline in global oil demand and prices dealt the GCC countries a health crisis and a commodity market shock. The GCC's aggregate GDP contracted by 4.8 percent in 2020 from 2019, with the growth outturns ranging from -3.7 in Qatar to an estimated -6.3 percent in...

The agriculture sector in Sub-Saharan Africa (SSA) remains the backbone of national economies, sustaining rural and urban livelihoods alike, and providing food and income for the majority of households. Recent agriculture growth in Sub-Saharan Africa has been solid and has supported improvements...

This report describes the key policies for Mali to succeed leveraging growth with export diversification. For many decades, Mali has been a commodity-dependent country, mainly relying on gold and, to a lesser extent, cotton. However, the experience of other countries, in Africa and other parts...

The Angolan economy is at a significant juncture. The current growth model based on oil wealth is nearly exhausted and has not delivered inclusive growth and shared prosperity. Angola faces two broad policy challenges that need to be addressed urgently: macroeconomic stabilization and a more...

After nearly a decade of strong growth fueled by the boom in commodity prices, Ghana's economy remains undiversified and vulnerable to external shocks.This report strives to analyze the main challenges for economic diversification from a productivity angle.In looking at a set of high-growth...

The Mauritanian economy is at an important crossroad. Despite significant increases in itsnatural resource wealth, economic development in Mauritania remains weak. The over-reliance on natural resources has left the economy undiversified with growth, exports, and fiscal revenues all dependent on...

This Systematic Country Diagnostic (SCD) analyzes the economic and social context of Gabon and what it can do today to end extreme poverty and enhance shared prosperity. It also identifies priority routes to faster progress. Two critical pathways to sustained inclusive growth and shared...

Suriname is a small economy driven by its abundant natural resources. As the commodity boom ended in recent years, however, the economy began to contract, reflecting Suriname's dependence on the extractives sector. The Government of Suriname redistributes revenue earned from gold, oil, and...