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Republic of Cameroon : Priorities for Ending Poverty and Boosting Shared Prosperity

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World Bank (WB)

Abstract: Cameroon is a lower-middle income country with social indicators and levels of poverty which are below those for comparator countries. Large and rising inequalities between north and south, inefficiencies in public resource allocation and an adverse business environment explain this. While insecurity due to Boko Haram activities and rapidly rising public debt constrain efforts at poverty reduction, there exists a huge potential for economic growth and poverty reduction. This potential remains mostly untapped. Realizing it will require far reaching reforms, particularly with respect to the business environment and public financial management, and require politically courage to accomplish. The remainder of this document explores how to achieve the twin goals of ending poverty and improving shared prosperity by 2030 in a sustainable manner. The document identifies a limited number of binding constraints which would need to be lifted to achieve the poverty objective. The next four chapters present background material to chapter six, which presents binding constraints to poverty reduction. The micro-foundations to poverty reduction are discussed in chapters two and three. Chapter two discusses poverty, equity and vulnerability. Chapter three discusses human capital and its role in poverty reduction. Chapter four considers poverty reduction from a macro-economic perspective. It discusses opportunities for growth and economic transformation as well as the status of various cross-cutting economic services. Chapter five, considers governance, fragility and the institutional environment. Binding constraints to sustainable poverty reduction are identified in chapter six.
Type: Report
Country Focus :: Systematic Country Diagnostic
Link: http://hdl.handle.net/10986/24697
Subject: TARIFFS
CAPITAL MARKETS
FISH
STRUCTURAL ADJUSTMENT
GOVERNMENT EXPENDITURES
ECONOMIC GROWTH
POLICY ENVIRONMENT
ENVIRONMENTAL DEGRADATION
FOREST MANAGEMENT
DISPOSABLE INCOME
AGRICULTURAL PRODUCTION
EXPECTATIONS
ECONOMIC CONSEQUENCES
PRODUCERS
RESOURCE MANAGEMENT
PROPERTY RIGHTS
TIMBER
RESOURCE ALLOCATION
LABOR FORCE
PRICE SETTING
REVENUES
ECONOMIC PROBLEMS
COMPOST
INCENTIVES
LABOR INPUTS
EQUILIBRIUM
SUSTAINABLE DEVELOPMENT
AGRICULTURAL OUTPUT
CONDITIONALITY
AUDITS
EMPIRICAL ANALYSIS
ECONOMIC ACTIVITY
CLIMATIC CONDITIONS
EXPLOITATION
OIL PRICES
ARABLE LAND
CROPPING SYSTEMS
DRYLANDS
LABOR COSTS
AIR POLLUTION
OIL
IMPORT QUOTAS
NATURAL CAPITAL
UNSAFE DRINKING WATER
POPULATION GROWTH
LABOR PRODUCTIVITY
OPTIONS
QUOTAS
LIVESTOCK PRODUCTS
DEBT
POLLUTION
FORESTRY
ECONOMIC POLICIES
DIVIDENDS
POLICY DECISIONS
NATURAL RESOURCES
METALS
SUBSIDIES
EFFICIENCY
FISHING
FOOD PRODUCTION
TAXES
TAX REFORMS
ACCESS TO INFORMATION
LAND USE
RESOURCES
NATURAL MONOPOLIES
UNEMPLOYMENT
DEMOGRAPHIC TRANSITION
EQUITY
PRODUCTIVITY GROWTH
CONSUMPTION
SCIENTIFIC KNOWLEDGE
ECONOMIC IMPACT
RURAL COMMUNITIES
WAGES
CLIMATE CHANGE
VALUES
ELECTRICITY DEMAND
MARKET PRICES
POLICY MAKERS
CREDIT
QUALITY STANDARDS
PURCHASING POWER
DEFORESTATION
DEMAND
MINES
NATIONAL INCOME
AGGREGATE DEMAND
PUBLIC EXPENDITURES
ELECTRICITY GENERATION
INTERMEDIATE GOODS
ENVIRONMENTS
EXPENDITURES
PROPERTY
DECISION MAKING
OPPORTUNITY COSTS
TRANSACTION COSTS
ENVIRONMENT
SOIL DEGRADATION
CONCEPTUAL FRAMEWORK
ECONOMICS
TERMS OF TRADE
BASIC METALS
TAX REVENUE
ECONOMIC DEVELOPMENT
CARTELS
TRADE
LAND
ECONOMIES OF SCALE
DRINKING WATER
HEALTH PROBLEMS
COMMERCIAL BANKS
ADMINISTRATIVE PROCEDURES
COMPARATIVE ADVANTAGE
FARMS
POPULATION PRESSURES
OIL RESERVES
FISHING GROUNDS
REVENUE
HIGH UNEMPLOYMENT
LIVING CONDITIONS
PROFITS
ENVIRONMENTAL
RAINFALL VARIABILITY
PUBLIC GOOD
PRICES
OIL SECTOR
PRODUCTION COSTS
ECONOMIES
PUBLIC GOODS
COMPETITION




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