Central African Republic Public Expenditure Review : Creating Fiscal Space to Transition Out of Fragility Through Growth and Poverty Reduction

This public expenditure review (PER) aims to assist the government in its efforts to achieve a transition out of fragility through growth and development. Higher and sustained per capita real gross domestic product (GDP) growth to raise the income...

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Main Author:	World Bank
Format:	Public Expenditure Review
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ECONOMIC GROWTH EDUCATION FISCAL SPACE FRAGILITY HEALTH HUMAN CAPITAL INFRASTRUCTURE MACROFISCAL STABILITY POVERTY REDUCTION PRIVATE INVESTMENTS REFORMS
Online Access:	http://documents.worldbank.org/curated/en/2012/06/17406024/central-african-republic-public-expenditure-review-creating-fiscal-space-transition-out-fragility-through-growth-poverty-reduction http://hdl.handle.net/10986/13239

id	okr-10986-13239
recordtype	oai_dc
spelling	okr-10986-132392021-04-23T14:03:06Z Central African Republic Public Expenditure Review : Creating Fiscal Space to Transition Out of Fragility Through Growth and Poverty Reduction World Bank ECONOMIC GROWTH EDUCATION FISCAL SPACE FRAGILITY HEALTH HUMAN CAPITAL INFRASTRUCTURE MACROFISCAL STABILITY POVERTY REDUCTION PRIVATE INVESTMENTS REFORMS This public expenditure review (PER) aims to assist the government in its efforts to achieve a transition out of fragility through growth and development. Higher and sustained per capita real gross domestic product (GDP) growth to raise the income of the population and create employment is needed to reduce poverty and lower the risk of reversion to conflict. Significant productive investments in human capital and in infrastructure are needed to help Central African Republic (CAR) foster and sustain higher economic growth. Thus, the government needs to create fiscal space in the budget to finance its reform program and productive investments in health, education, and infrastructure to spur growth. While the burden of investment should be on the private sector the government has a key role to play in facilitating private investment and in providing the basic infrastructure that the private sector needs as well as public services to the poor. The PER advances the notion that public spending at the appropriate level, allocated to productive areas and used efficiently, will be essential to promote rapid and broad-based economic growth in CAR. More specifically, the PER examines the central question of how to create and use fiscal space in the government budget to support long-term economic growth and poverty reduction in CAR while maintaining macro-fiscal stability. 2013-04-22T18:21:47Z 2013-04-22T18:21:47Z 2012-06-29 http://documents.worldbank.org/curated/en/2012/06/17406024/central-african-republic-public-expenditure-review-creating-fiscal-space-transition-out-fragility-through-growth-poverty-reduction http://hdl.handle.net/10986/13239 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Public Expenditure Review Economic & Sector Work Africa Central African Republic
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ECONOMIC GROWTH EDUCATION FISCAL SPACE FRAGILITY HEALTH HUMAN CAPITAL INFRASTRUCTURE MACROFISCAL STABILITY POVERTY REDUCTION PRIVATE INVESTMENTS REFORMS
spellingShingle	ECONOMIC GROWTH EDUCATION FISCAL SPACE FRAGILITY HEALTH HUMAN CAPITAL INFRASTRUCTURE MACROFISCAL STABILITY POVERTY REDUCTION PRIVATE INVESTMENTS REFORMS World Bank Central African Republic Public Expenditure Review : Creating Fiscal Space to Transition Out of Fragility Through Growth and Poverty Reduction
geographic_facet	Africa Central African Republic
description	This public expenditure review (PER) aims to assist the government in its efforts to achieve a transition out of fragility through growth and development. Higher and sustained per capita real gross domestic product (GDP) growth to raise the income of the population and create employment is needed to reduce poverty and lower the risk of reversion to conflict. Significant productive investments in human capital and in infrastructure are needed to help Central African Republic (CAR) foster and sustain higher economic growth. Thus, the government needs to create fiscal space in the budget to finance its reform program and productive investments in health, education, and infrastructure to spur growth. While the burden of investment should be on the private sector the government has a key role to play in facilitating private investment and in providing the basic infrastructure that the private sector needs as well as public services to the poor. The PER advances the notion that public spending at the appropriate level, allocated to productive areas and used efficiently, will be essential to promote rapid and broad-based economic growth in CAR. More specifically, the PER examines the central question of how to create and use fiscal space in the government budget to support long-term economic growth and poverty reduction in CAR while maintaining macro-fiscal stability.
format	Economic & Sector Work :: Public Expenditure Review
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Central African Republic Public Expenditure Review : Creating Fiscal Space to Transition Out of Fragility Through Growth and Poverty Reduction
title_short	Central African Republic Public Expenditure Review : Creating Fiscal Space to Transition Out of Fragility Through Growth and Poverty Reduction
title_full	Central African Republic Public Expenditure Review : Creating Fiscal Space to Transition Out of Fragility Through Growth and Poverty Reduction
title_fullStr	Central African Republic Public Expenditure Review : Creating Fiscal Space to Transition Out of Fragility Through Growth and Poverty Reduction
title_full_unstemmed	Central African Republic Public Expenditure Review : Creating Fiscal Space to Transition Out of Fragility Through Growth and Poverty Reduction
title_sort	central african republic public expenditure review : creating fiscal space to transition out of fragility through growth and poverty reduction
publisher	Washington, DC
publishDate	2013
url	http://documents.worldbank.org/curated/en/2012/06/17406024/central-african-republic-public-expenditure-review-creating-fiscal-space-transition-out-fragility-through-growth-poverty-reduction http://hdl.handle.net/10986/13239
_version_	1764422720017137664

Central African Republic Public Expenditure Review : Creating Fiscal Space to Transition Out of Fragility Through Growth and Poverty Reduction

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