Stimuler une prosperite partagee au Chad: Voies et prealables dans un pays enclave en proie a la fragilite et aux conflits

The economy of Chad has contracted since 2015, hindering poverty reduction and development outcomes. This Systematic Country Diagnostic identifies key constraints and recommends solutions.

Format: Paperback / softback
Length: 120 pages
Publication date: 30 October 2022
Publisher: World Bank Publications

The economy of Chad has experienced a contraction since 2015, hindering efforts to reduce poverty and improve development outcomes. To address this challenge, a Systematic Country Diagnostic has been conducted, which identifies critical constraints on poverty reduction and proposes solutions.

The diagnostic identifies several key constraints that hinder poverty reduction in Chad. Firstly, the country faces a significant challenge in terms of economic diversification. The economy is heavily reliant on the production and export of oil, which contributes to a high level of dependence on foreign revenues. This reliance on a single commodity makes the economy vulnerable to fluctuations in oil prices, which can have a negative impact on economic growth and poverty reduction.

Secondly, Chad faces challenges in terms of infrastructure development. The country has a limited number of roads, ports, and airports, which hinder the movement of goods and people and limit the potential for economic growth. In addition, the quality of infrastructure is often poor, which can increase the cost of doing business and discourage investment.

Thirdly, Chad faces challenges in terms of human capital development. The country has a high rate of illiteracy, and there is a lack of access to quality education and healthcare. This lack of human capital can limit the ability of individuals to participate in the labor market and contribute to economic growth.

To address these challenges, the diagnostic recommends a range of solutions. Firstly, the government should prioritize economic diversification by promoting the development of non-oil sectors such as agriculture, tourism, and manufacturing. This can help reduce dependence on foreign revenues and create new job opportunities.

Secondly, the government should invest in infrastructure development to improve the quality of roads, ports, and airports and promote economic growth. This can include the development of public-private partnerships and the use of innovative financing mechanisms to attract investment.

Thirdly, the government should prioritize human capital development by investing in education and healthcare. This can include the development of teacher training programs, the expansion of healthcare facilities, and the promotion of literacy programs.

In conclusion, the economy of Chad has experienced a contraction since 2015, hindering efforts to reduce poverty and improve development outcomes. However, by identifying key constraints on poverty reduction and proposing solutions, the Systematic Country Diagnostic provides a roadmap for the government to address these challenges and promote sustainable economic growth and poverty reduction.

Dimension: 279 x 216 (mm)
ISBN-13: 9781464818875