Lesotho : Development in a Challenging Environment
The report reviews the Bank's development assistance to Lesotho, a poor country, of predominantly rural populations, landlocked and completely surrounded by, and economically dependent on, South Africa. Not surprisingly, a major development ch...
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| Format: | Publication |
| Language: | English en_US |
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Washington, DC: World Bank
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2002/05/1955271/lesotho-development-challenging-environment http://hdl.handle.net/10986/14252 |
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okr-10986-142522021-04-23T14:03:11Z Lesotho : Development in a Challenging Environment Hassan, Fareed M.A. AGRICULTURE ANALYTICAL WORK BANK LENDING CAS COUNTERFACTUAL COUNTRY ASSISTANCE STRATEGIES DEVELOPMENT PARTNERS ECONOMIC INDICATORS EXOGENOUS FACTORS EXPENDITURES FINANCES GDP GNP GNP PER CAPITA GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT GROWTH RATE HEALTH SERVICES HUMAN CAPITAL IMPROVED ENVIRONMENT INCOME INCOME INEQUALITY INTERVENTION LANDS POLICY DIALOGUE POVERTY ASSESSMENT POVERTY LINE POVERTY REDUCTION PRIVATE SECTOR PROGRAMS PUBLIC EXPENDITURES REDUCING POVERTY RURAL DEVELOPMENT SOCIAL DEVELOPMENT SOCIAL INDICATORS SOCIAL SECTORS STRUCTURAL REFORMS SUPERVISION TECHNICAL ASSISTANCE TECHNICAL SUPPORT TRANSPORT VALUATION WELFARE LEVELS DEVELOPMENT ASSISTANCE RURAL POPULATION POVERTY INCIDENCE INCOME INEQUALITIES EDUCATION DELIVERY HEALTH CARE DELIVERY ACQUIRED IMMUNE DEFICIENCY SYNDROME HIV VIRUSES INSTITUTIONAL CAPACITY CAPACITY CONSTRAINTS PRIVATE SECTOR PARTICIPATION MACROECONOMIC STABILIZATION POVERTY REDUCTION STRATEGIES POLICY FRAMEWORK POVERTY ASSESSMENTS ECONOMIC STABILIZATION PUBLIC EXPENDITURES PROJECT LENDING EXTERNAL FINANCE TECHNICAL ASSISTANCE QUALITY OF EDUCATION HUMAN CAPITAL DEVELOPMENT The report reviews the Bank's development assistance to Lesotho, a poor country, of predominantly rural populations, landlocked and completely surrounded by, and economically dependent on, South Africa. Not surprisingly, a major development challenge for the country is that half the population lives below the poverty line, and income inequality is among the highest in the world. Other challenges are low quality of education, and health services, widespread HIV/AIDS, weak institutions, and lagging private sector development. Given the circumstances, Bank assistance evolved from an emphasis on stabilization and growth, to a focus on poverty reduction and private sector development towards the end of the 1990s. Throughout this period, the Bank supported joint work with the Government, and the International Monetary Fund on successive Policy Framework Papers, as well a Poverty Assessment, and a Strategic Economic Options Report; regrettably, other analytical work was not fully completed, and, notably absent were periodic reviews of public expenditures. Although the Lesotho Highlands Water Project (LHWP) featured substantial macroeconomic impact, serving as a catalyst in securing external financing, the Bank did not provide adequate technical support. The Bank assistance is rated as moderately satisfactory, institutional development as modest, with an uncertain sustainability, since growth has depended on aid inflows, linked to the LHWP, but which is likely to decline. Recommendations suggest a continued assistance, centered on poverty reduction, focusing on the quality of education, and human capital development. 2013-06-27T18:58:34Z 2013-06-27T18:58:34Z 2002-05 http://documents.worldbank.org/curated/en/2002/05/1955271/lesotho-development-challenging-environment 0-8213-5156-7 http://hdl.handle.net/10986/14252 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication Africa Lesotho |
| 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 |
AGRICULTURE ANALYTICAL WORK BANK LENDING CAS COUNTERFACTUAL COUNTRY ASSISTANCE STRATEGIES DEVELOPMENT PARTNERS ECONOMIC INDICATORS EXOGENOUS FACTORS EXPENDITURES FINANCES GDP GNP GNP PER CAPITA GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT GROWTH RATE HEALTH SERVICES HUMAN CAPITAL IMPROVED ENVIRONMENT INCOME INCOME INEQUALITY INTERVENTION LANDS POLICY DIALOGUE POVERTY ASSESSMENT POVERTY LINE POVERTY REDUCTION PRIVATE SECTOR PROGRAMS PUBLIC EXPENDITURES REDUCING POVERTY RURAL DEVELOPMENT SOCIAL DEVELOPMENT SOCIAL INDICATORS SOCIAL SECTORS STRUCTURAL REFORMS SUPERVISION TECHNICAL ASSISTANCE TECHNICAL SUPPORT TRANSPORT VALUATION WELFARE LEVELS DEVELOPMENT ASSISTANCE RURAL POPULATION POVERTY INCIDENCE INCOME INEQUALITIES EDUCATION DELIVERY HEALTH CARE DELIVERY ACQUIRED IMMUNE DEFICIENCY SYNDROME HIV VIRUSES INSTITUTIONAL CAPACITY CAPACITY CONSTRAINTS PRIVATE SECTOR PARTICIPATION MACROECONOMIC STABILIZATION POVERTY REDUCTION STRATEGIES POLICY FRAMEWORK POVERTY ASSESSMENTS ECONOMIC STABILIZATION PUBLIC EXPENDITURES PROJECT LENDING EXTERNAL FINANCE TECHNICAL ASSISTANCE QUALITY OF EDUCATION HUMAN CAPITAL DEVELOPMENT |
| spellingShingle |
AGRICULTURE ANALYTICAL WORK BANK LENDING CAS COUNTERFACTUAL COUNTRY ASSISTANCE STRATEGIES DEVELOPMENT PARTNERS ECONOMIC INDICATORS EXOGENOUS FACTORS EXPENDITURES FINANCES GDP GNP GNP PER CAPITA GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT GROWTH RATE HEALTH SERVICES HUMAN CAPITAL IMPROVED ENVIRONMENT INCOME INCOME INEQUALITY INTERVENTION LANDS POLICY DIALOGUE POVERTY ASSESSMENT POVERTY LINE POVERTY REDUCTION PRIVATE SECTOR PROGRAMS PUBLIC EXPENDITURES REDUCING POVERTY RURAL DEVELOPMENT SOCIAL DEVELOPMENT SOCIAL INDICATORS SOCIAL SECTORS STRUCTURAL REFORMS SUPERVISION TECHNICAL ASSISTANCE TECHNICAL SUPPORT TRANSPORT VALUATION WELFARE LEVELS DEVELOPMENT ASSISTANCE RURAL POPULATION POVERTY INCIDENCE INCOME INEQUALITIES EDUCATION DELIVERY HEALTH CARE DELIVERY ACQUIRED IMMUNE DEFICIENCY SYNDROME HIV VIRUSES INSTITUTIONAL CAPACITY CAPACITY CONSTRAINTS PRIVATE SECTOR PARTICIPATION MACROECONOMIC STABILIZATION POVERTY REDUCTION STRATEGIES POLICY FRAMEWORK POVERTY ASSESSMENTS ECONOMIC STABILIZATION PUBLIC EXPENDITURES PROJECT LENDING EXTERNAL FINANCE TECHNICAL ASSISTANCE QUALITY OF EDUCATION HUMAN CAPITAL DEVELOPMENT Hassan, Fareed M.A. Lesotho : Development in a Challenging Environment |
| geographic_facet |
Africa Lesotho |
| description |
The report reviews the Bank's
development assistance to Lesotho, a poor country, of
predominantly rural populations, landlocked and completely
surrounded by, and economically dependent on, South Africa.
Not surprisingly, a major development challenge for the
country is that half the population lives below the poverty
line, and income inequality is among the highest in the
world. Other challenges are low quality of education, and
health services, widespread HIV/AIDS, weak institutions, and
lagging private sector development. Given the circumstances,
Bank assistance evolved from an emphasis on stabilization
and growth, to a focus on poverty reduction and private
sector development towards the end of the 1990s. Throughout
this period, the Bank supported joint work with the
Government, and the International Monetary Fund on
successive Policy Framework Papers, as well a Poverty
Assessment, and a Strategic Economic Options Report;
regrettably, other analytical work was not fully completed,
and, notably absent were periodic reviews of public
expenditures. Although the Lesotho Highlands Water Project
(LHWP) featured substantial macroeconomic impact, serving as
a catalyst in securing external financing, the Bank did not
provide adequate technical support. The Bank assistance is
rated as moderately satisfactory, institutional development
as modest, with an uncertain sustainability, since growth
has depended on aid inflows, linked to the LHWP, but which
is likely to decline. Recommendations suggest a continued
assistance, centered on poverty reduction, focusing on the
quality of education, and human capital development. |
| format |
Publications & Research :: Publication |
| author |
Hassan, Fareed M.A. |
| author_facet |
Hassan, Fareed M.A. |
| author_sort |
Hassan, Fareed M.A. |
| title |
Lesotho : Development in a Challenging Environment |
| title_short |
Lesotho : Development in a Challenging Environment |
| title_full |
Lesotho : Development in a Challenging Environment |
| title_fullStr |
Lesotho : Development in a Challenging Environment |
| title_full_unstemmed |
Lesotho : Development in a Challenging Environment |
| title_sort |
lesotho : development in a challenging environment |
| publisher |
Washington, DC: World Bank |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2002/05/1955271/lesotho-development-challenging-environment http://hdl.handle.net/10986/14252 |
| _version_ |
1764425209357533184 |