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Race to the Next Income Frontier
			: How Senegal and Other Low-Income Countries Can Reach the Finish Line

Race to the Next Income Frontier : How Senegal and Other Low-Income Countries Can Reach the Finish Line »

Series: Books

Author(s): Ali Mansoor , Salifou Issoufou , and Daouda Sembene

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 April 2018

DOI: http://dx.doi.org/10.5089/9781484303139.071

ISBN: 9781484303139

Keywords: Debt sustainability, Economic growth, Economic reforms, Poverty reduction, Senegal, Gross domestric product growth, Inclusive growth, Output growth, Plan Senegal Emergent, growth rate

Through 18 chapters, this book draws on policy lessons from successful countries that have managed to overcome political economy constraints and reach upper-middle-income emerging market economy status to examine h...

Race to the Next Income Frontier
			: How Senegal and Other Low-Income Countries Can Reach the Finish Line

Race to the Next Income Frontier : How Senegal and Other Low-Income Countries Can Reach the Finish Line »

Series: Books

Author(s): Ali Mansoor , Salifou Issoufou , and Daouda Sembene

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 May 2019

Language: French

DOI: http://dx.doi.org/10.5089/9781484373606.071

ISBN: 9781484373606

Keywords: Debt sustainability, Economic growth, Economic reforms, Poverty reduction, Senegal, Gross domestric product growth, Inclusive growth, Output growth, Plan Senegal Emergent, growth rate

Economic transformation and diversification require solutions that take account of the political economy of reform. This book explores the process of economic transformation, using Senegal as an example. Sound macr...

Chapter 1. Overview

Chapter 1. Overview »

Source: Race to the Next Income Frontier : How Senegal and Other Low-Income Countries Can Reach the Finish Line

Series: Books

Author(s): Ali Mansoor , Salifou Issoufou , and Daouda Sembene

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 April 2018

ISBN: 9781484303139

Keywords: Debt sustainability, Economic growth, Economic reforms, Poverty reduction, Senegal, Gross domestric product growth, Inclusive growth, Output growth, Plan Senegal Emergent, growth rate

Senegal has experienced a relatively long period of macroeconomic and political stability, but its per capita GDP growth has been low (Figure 1.1). In response to this unsatisfactory growth performance, a ne...

Chapter 10. The Sustainability of Senegal’s Public Debt

Chapter 10. The Sustainability of Senegal’s Public Debt »

Source: Race to the Next Income Frontier : How Senegal and Other Low-Income Countries Can Reach the Finish Line

Series: Books

Author(s): Ali Mansoor , Salifou Issoufou , and Daouda Sembene

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 April 2018

ISBN: 9781484303139

Keywords: Debt sustainability, Economic growth, Economic reforms, Poverty reduction, Senegal, Gross domestric product growth, Inclusive growth, Output growth, Plan Senegal Emergent, growth rate

Taxes and debt are mechanisms for financing public expenditure when the state cannot resort to monetary creation. In the context of developing countries characterized by a narrow tax base and undeveloped dom...

Chapter 11. Key Financial Stability Reforms as a Path to Emerging Market Economy Status

Chapter 11. Key Financial Stability Reforms as a Path to Emerging Market Economy Status »

Source: Race to the Next Income Frontier : How Senegal and Other Low-Income Countries Can Reach the Finish Line

Series: Books

Author(s): Ali Mansoor , Salifou Issoufou , and Daouda Sembene

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 April 2018

ISBN: 9781484303139

Keywords: Debt sustainability, Economic growth, Economic reforms, Poverty reduction, Senegal, Gross domestric product growth, Inclusive growth, Output growth, Plan Senegal Emergent, growth rate

Introduction Emerging markets comprise a large and diverse group of countries whose financial systems have grown in importance in recent decades and have been relatively unscathed by...

Chapter 12. Financial Inclusion in Senegal: A Catalyst for Emergence

Chapter 12. Financial Inclusion in Senegal: A Catalyst for Emergence »

Source: Race to the Next Income Frontier : How Senegal and Other Low-Income Countries Can Reach the Finish Line

Series: Books

Author(s): Ali Mansoor , Salifou Issoufou , and Daouda Sembene

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 April 2018

ISBN: 9781484303139

Keywords: Debt sustainability, Economic growth, Economic reforms, Poverty reduction, Senegal, Gross domestric product growth, Inclusive growth, Output growth, Plan Senegal Emergent, growth rate

Introduction Senegal’s economic situation has been characterized during recent years by growth levels insufficient to eradicate poverty and lay the groundwork for sustainable develop...

Chapter 13. Structural Reforms in Countries That Have Achieved Emerging Market Economy Status: A Comparative Study

Chapter 13. Structural Reforms in Countries That Have Achieved Emerging Market Economy Status: A Comparative Study »

Source: Race to the Next Income Frontier : How Senegal and Other Low-Income Countries Can Reach the Finish Line

Series: Books

Author(s): Ali Mansoor , Salifou Issoufou , and Daouda Sembene

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 April 2018

ISBN: 9781484303139

Keywords: Debt sustainability, Economic growth, Economic reforms, Poverty reduction, Senegal, Gross domestric product growth, Inclusive growth, Output growth, Plan Senegal Emergent, growth rate

Introduction On February 26, 2014, the President of Senegal, Macky Sall, launched the Plan Sénégal Émergent at the seventh meeting of the Consultative Group of Donors and Creditors....

Chapter 14. Governance, Institutions, and Emergence

Chapter 14. Governance, Institutions, and Emergence »

Source: Race to the Next Income Frontier : How Senegal and Other Low-Income Countries Can Reach the Finish Line

Series: Books

Author(s): Ali Mansoor , Salifou Issoufou , and Daouda Sembene

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 April 2018

ISBN: 9781484303139

Keywords: Debt sustainability, Economic growth, Economic reforms, Poverty reduction, Senegal, Gross domestric product growth, Inclusive growth, Output growth, Plan Senegal Emergent, growth rate

Introduction “Economic emergence” has become a buzzword in low-income countries. An increasing number of low-income countries are aiming to achieve emergence within varying time fram...

Chapter 15. Relieving Constraints on the Business Environment and Supporting Foreign Direct Investment

Chapter 15. Relieving Constraints on the Business Environment and Supporting Foreign Direct Investment »

Source: Race to the Next Income Frontier : How Senegal and Other Low-Income Countries Can Reach the Finish Line

Series: Books

Author(s): Ali Mansoor , Salifou Issoufou , and Daouda Sembene

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 April 2018

ISBN: 9781484303139

Keywords: Debt sustainability, Economic growth, Economic reforms, Poverty reduction, Senegal, Gross domestric product growth, Inclusive growth, Output growth, Plan Senegal Emergent, growth rate

Introduction A country’s business environment may be defined as the set of political, legal, institutional, and regulatory conditions governing corporate activities. It is a subset o...

Chapter 16. Improving the Contribution of the Informal Economy to GDP Growth

Chapter 16. Improving the Contribution of the Informal Economy to GDP Growth »

Source: Race to the Next Income Frontier : How Senegal and Other Low-Income Countries Can Reach the Finish Line

Series: Books

Author(s): Ali Mansoor , Salifou Issoufou , and Daouda Sembene

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 April 2018

ISBN: 9781484303139

Keywords: Debt sustainability, Economic growth, Economic reforms, Poverty reduction, Senegal, Gross domestric product growth, Inclusive growth, Output growth, Plan Senegal Emergent, growth rate

Introduction In Senegal, as in most African countries, the informal sector is large and employs an important segment of the population; therefore, improving its contribution to the e...