IMF Working Papers

Djibouti’s Quest for Inclusive Growth

By Alexei P Kireyev

December 5, 2017

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Format: Chicago

Alexei P Kireyev. Djibouti’s Quest for Inclusive Growth, (USA: International Monetary Fund, 2017) accessed December 22, 2024

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Summary

The paper reviews Djibouti’s macroeconomic reforms aimed at achieving middle-income status as envisaged in Vision Djibouti 2035, the authorities’ development strategy. In this context, the paper reviews policy options available to the authorities in three critical reform areas: translating the investment boom into strong and inclusive growth to reduce poverty and unemployment; fiscal policy to support growth while preserving debt sustainability; and the important role of the business climate in growth acceleration.

Subject: Business environment, Economic sectors, Expenditure, Fiscal policy, Fiscal space, Poverty, Public debt

Keywords: Business environment, Debt ratio, Debt sustainability, Decision-making framework, Djibouti, East Africa, Economic growth, Export-led growth, Fiscal space, Government consumption multiplier, Growth, Inclusiveness, Inequality, Per capita income, Poverty line, Poverty rate, Poverty reduction, Public enterprise, Reform program, Short-term debt, Tax burden, WP

Publication Details

  • Pages:

    63

  • Volume:

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  • DOI:

    ---

  • Issue:

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  • Series:

    Working Paper No. 2017/270

  • Stock No:

    WPIEA2017270

  • ISBN:

    9781484331118

  • ISSN:

    1018-5941