Bolivia Systematic Country Diagnostic : Rebalancing Inclusive Growth to Deepen Gains on Poverty and Inequality Reduction
The objective of this Systematic Country Diagnostic (SCD) is to identify the priority constraints Bolivia faces in sustaining its gains on reducing poverty and enhancing shared prosperity over the next years. It will analyze the dynamics behind the...
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| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/03/24746377/bolivia-systematic-country-diagnostic-rebalancing-inclusive-growth-deepen-gains-poverty-inequality-reduction http://hdl.handle.net/10986/24132 |
| Summary: | The objective of this Systematic Country
Diagnostic (SCD) is to identify the priority constraints
Bolivia faces in sustaining its gains on reducing poverty
and enhancing shared prosperity over the next years. It will
analyze the dynamics behind the progress achieved in the
past decade on inclusive growth, and identify a number of
key constraints for sustaining and consolidating this
progress. The SCD begins, in Chapter two, with a
presentation of four characteristics that make Bolivia
special, including its State‐led development strategy, large
natural resource wealth, difficult geography and landlocked
condition, and rich ethnic diversity. In chapter three, this
SCD presents an in‐depth evaluation of the generally
positive evolution in growth and in the reduction of poverty
and inequality over the past decade. An assessment of the
recent past and current context concludes that there is a
need for enabling new inclusive growth engines, particularly
through increased private investment and higher
productivity. Chapter four makes a case for rebalancing the
path of inclusive growth, and presents three main challenges
in this sense: sustaining macroeconomic and fiscal
stability, developing non‐extractive sectors with higher
productivity and a lower environmental footprint, and
reducing gaps and disparities in access to opportunities.
The discussion of these challenges reveals a number of
priority constraints, a key input for the prioritization
exercise. Finally, in chapter five the SCD presents the
findings of a prioritization exercise aimed at producing a
restricted list of prioritized constraints, as well as a
list of knowledge gaps identified in the different parts of
the analysis. |
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