Bolivia Poverty Assessment : Establishing the Basis for Pro-Poor Growth
This brief discussion of Bolivia's poverty assessment notes that Bolivia's growth prospects remain vulnerable to domestic instability and external circumstances. Because of the depth and breadth of poverty in Bolivia, and the skewed incom...
Main Authors: | , |
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Format: | Brief |
Language: | English |
Published: |
World Bank, Washington, DC
2012
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2006/05/7015000/bolivia-poverty-assessment-establishing-basis-pro-poor-growth http://hdl.handle.net/10986/10313 |
Summary: | This brief discussion of Bolivia's
poverty assessment notes that Bolivia's growth
prospects remain vulnerable to domestic instability and
external circumstances. Because of the depth and breadth of
poverty in Bolivia, and the skewed income distribution, high
GDP per capita growth rates about 4 to 5 percent per year
are necessary in the medium and longer term, if the
country's poverty level is to be significantly reduced.
The national MDG target of reducing the incidence of extreme
poverty in half by 2015 could be achieved with growth rates
in this range, along with other pro-poor policy
interventions. Even higher per capita growth is needed to
meet the MDG of reducing poverty in half. Economic
simulations indicate that the country can improve its future
growth potential through a comprehensive strategy of
mutually-reinforcing reforms that includes macroeconomic stability. |
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