Finding New Paths for Growth in Djibouti
The report posits a long-term vision for Djibouti s economic development with specific measures that form a road map for long term, sustainable growth. The current growth model is highly capital intensive and dependent on rent-seeking, thus present...
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| Format: | Brief |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2013/03/17427197/finding-new-paths-growth-djibouti http://hdl.handle.net/10986/20570 |
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okr-10986-205702021-04-23T14:03:56Z Finding New Paths for Growth in Djibouti Benyagoub, Mehdi ACCESS TO TELECOMMUNICATIONS ACCESSIBILITY ACCOUNTING AIR BUSINESS ENVIRONMENT DEFICITS DEMOGRAPHIC DEMOGRAPHIC PRESSURES DOMESTIC MARKET ECONOMIC DEVELOPMENT ECONOMIC GROWTH FISCAL CONSTRAINTS FOREIGN INVESTMENT FOREIGN INVESTORS GOVERNANCE INDICATORS GROWTH RATE INCOME INSTITUTIONAL CAPACITIES JOB CREATION JOB MARKET JOB OPPORTUNITIES JOBS LABOR MARKET MARKET DEMAND MASS UNEMPLOYMENT MERCHANTS MICROENTERPRISES MONOPOLY MULTIMODAL TRANSPORT OUTPUT POLITICAL TURMOIL PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PUBLIC POLICIES PUBLIC POLICY QUALITY SERVICES RAILWAY REGIONAL HUB REGULATORY BARRIERS REGULATORY FRAMEWORK ROAD ROAD IMPROVEMENTS RULE OF LAW SERVICE QUALITY SKILLED PERSONNEL SMALL COUNTRIES SOCIAL COHESION SUSTAINABLE GROWTH TAX TELECOMMUNICATIONS INFRASTRUCTURE TRADING TRAFFIC TRANSIT TRANSPORT TRANSPORT INFRASTRUCTURE TRAVELERS UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT RATE WAGE BILL WORKER YOUNG PEOPLE The report posits a long-term vision for Djibouti s economic development with specific measures that form a road map for long term, sustainable growth. The current growth model is highly capital intensive and dependent on rent-seeking, thus presenting sustainability and diversification challenges. Growth has increased recently, reaching 4.6 percent on average between 2005 and 2010. Also, recent growth is tightly linked to strong inflows of foreign investment, financing the new port and hotel infrastructure. These investments are due to Djibouti s strategic geographic location at the entrance to the Red Sea, owing to the presence of foreign military bases and its status as Ethiopia s sole means of access to the sea. Historically the government has played an important role in Djibouti s economy but with today s fiscal constraints, growing the private sector is the only way to sustain and promote growth, provide jobs, and reduce poverty. The private sector remains very small and not well organized. 2014-11-19T20:05:33Z 2014-11-19T20:05:33Z 2013-03 http://documents.worldbank.org/curated/en/2013/03/17427197/finding-new-paths-growth-djibouti http://hdl.handle.net/10986/20570 English en_US MENA knowledge and learning quick notes series;no. 85 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Brief Publications & Research Middle East and North Africa Djibouti |
| 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 |
ACCESS TO TELECOMMUNICATIONS ACCESSIBILITY ACCOUNTING AIR BUSINESS ENVIRONMENT DEFICITS DEMOGRAPHIC DEMOGRAPHIC PRESSURES DOMESTIC MARKET ECONOMIC DEVELOPMENT ECONOMIC GROWTH FISCAL CONSTRAINTS FOREIGN INVESTMENT FOREIGN INVESTORS GOVERNANCE INDICATORS GROWTH RATE INCOME INSTITUTIONAL CAPACITIES JOB CREATION JOB MARKET JOB OPPORTUNITIES JOBS LABOR MARKET MARKET DEMAND MASS UNEMPLOYMENT MERCHANTS MICROENTERPRISES MONOPOLY MULTIMODAL TRANSPORT OUTPUT POLITICAL TURMOIL PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PUBLIC POLICIES PUBLIC POLICY QUALITY SERVICES RAILWAY REGIONAL HUB REGULATORY BARRIERS REGULATORY FRAMEWORK ROAD ROAD IMPROVEMENTS RULE OF LAW SERVICE QUALITY SKILLED PERSONNEL SMALL COUNTRIES SOCIAL COHESION SUSTAINABLE GROWTH TAX TELECOMMUNICATIONS INFRASTRUCTURE TRADING TRAFFIC TRANSIT TRANSPORT TRANSPORT INFRASTRUCTURE TRAVELERS UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT RATE WAGE BILL WORKER YOUNG PEOPLE |
| spellingShingle |
ACCESS TO TELECOMMUNICATIONS ACCESSIBILITY ACCOUNTING AIR BUSINESS ENVIRONMENT DEFICITS DEMOGRAPHIC DEMOGRAPHIC PRESSURES DOMESTIC MARKET ECONOMIC DEVELOPMENT ECONOMIC GROWTH FISCAL CONSTRAINTS FOREIGN INVESTMENT FOREIGN INVESTORS GOVERNANCE INDICATORS GROWTH RATE INCOME INSTITUTIONAL CAPACITIES JOB CREATION JOB MARKET JOB OPPORTUNITIES JOBS LABOR MARKET MARKET DEMAND MASS UNEMPLOYMENT MERCHANTS MICROENTERPRISES MONOPOLY MULTIMODAL TRANSPORT OUTPUT POLITICAL TURMOIL PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PUBLIC POLICIES PUBLIC POLICY QUALITY SERVICES RAILWAY REGIONAL HUB REGULATORY BARRIERS REGULATORY FRAMEWORK ROAD ROAD IMPROVEMENTS RULE OF LAW SERVICE QUALITY SKILLED PERSONNEL SMALL COUNTRIES SOCIAL COHESION SUSTAINABLE GROWTH TAX TELECOMMUNICATIONS INFRASTRUCTURE TRADING TRAFFIC TRANSIT TRANSPORT TRANSPORT INFRASTRUCTURE TRAVELERS UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT RATE WAGE BILL WORKER YOUNG PEOPLE Benyagoub, Mehdi Finding New Paths for Growth in Djibouti |
| geographic_facet |
Middle East and North Africa Djibouti |
| relation |
MENA knowledge and learning quick notes
series;no. 85 |
| description |
The report posits a long-term vision for
Djibouti s economic development with specific measures that
form a road map for long term, sustainable growth. The
current growth model is highly capital intensive and
dependent on rent-seeking, thus presenting sustainability
and diversification challenges. Growth has increased
recently, reaching 4.6 percent on average between 2005 and
2010. Also, recent growth is tightly linked to strong
inflows of foreign investment, financing the new port and
hotel infrastructure. These investments are due to
Djibouti s strategic geographic location at the entrance to
the Red Sea, owing to the presence of foreign military bases
and its status as Ethiopia s sole means of access to the
sea. Historically the government has played an important
role in Djibouti s economy but with today s fiscal
constraints, growing the private sector is the only way to
sustain and promote growth, provide jobs, and reduce
poverty. The private sector remains very small and not well organized. |
| format |
Publications & Research :: Brief |
| author |
Benyagoub, Mehdi |
| author_facet |
Benyagoub, Mehdi |
| author_sort |
Benyagoub, Mehdi |
| title |
Finding New Paths for Growth in Djibouti |
| title_short |
Finding New Paths for Growth in Djibouti |
| title_full |
Finding New Paths for Growth in Djibouti |
| title_fullStr |
Finding New Paths for Growth in Djibouti |
| title_full_unstemmed |
Finding New Paths for Growth in Djibouti |
| title_sort |
finding new paths for growth in djibouti |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2013/03/17427197/finding-new-paths-growth-djibouti http://hdl.handle.net/10986/20570 |
| _version_ |
1764445696136577024 |