United Republic of Tanzania Systematic Country Diagnostic : To the Next Level of Development

Tanzania began its independence as a socialist country, but in the 1980s economic difficulties pushed it to adopt macroeconomic reforms, among them removing direct controls on prices and exchange and interest rates and opening up industry to privat...

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Main Author: World Bank Group
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/510681488823616126/Tanzania-Systematic-Country-Diagnostic
http://hdl.handle.net/10986/26236
id okr-10986-26236
recordtype oai_dc
spelling okr-10986-262362021-05-25T08:58:13Z United Republic of Tanzania Systematic Country Diagnostic : To the Next Level of Development World Bank Group poverty reduction economic growth inclusion human development sustainability risks shared prosperity transformation Tanzania began its independence as a socialist country, but in the 1980s economic difficulties pushed it to adopt macroeconomic reforms, among them removing direct controls on prices and exchange and interest rates and opening up industry to private investment. Reforms intensified in the second half of the 1990s with steep cuts in public spending, which helped the Government to move from fiscal deficits to surpluses. Inflation was brought under control. Exchange rate stability was restored, and the Government carried out structural reforms to boost exports, liberalize domestic markets, and reduce public sector involvement in the economy. This Systematic Country Diagnostic (SCD) provides an informed and integrative perspective on what Tanzania can do to move its national goals forward. The primary aim of the SCD is to analyze the country’s current opportunities and challenges and identify priority areas for policy action. The findings will be the foundation for the Country Partnership Framework (CPF), which will guide the engagement of the World Bank Group (WBG) with Tanzania for the next five years. The SCD builds on a wide range of analyses conducted by the WBG, the Government, and other institutions. The World Bank’s Country Economic Memorandum (CEM) 2014 and poverty assessment 2015 have contributed to the diagnostic, and the Policy Notes for the New Administration, presented in December 2015, helped set the sector-specific policy agenda and informed the analysis of binding constraints and potential solutions. Consultations for the SCD brought in a broad range of stakeholders. 2017-03-08T19:53:39Z 2017-03-08T19:53:39Z 2017-02-23 Report http://documents.worldbank.org/curated/en/510681488823616126/Tanzania-Systematic-Country-Diagnostic http://hdl.handle.net/10986/26236 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Country Focus :: Systematic Country Diagnostic Africa Tanzania
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 poverty reduction
economic growth
inclusion
human development
sustainability
risks
shared prosperity
transformation
spellingShingle poverty reduction
economic growth
inclusion
human development
sustainability
risks
shared prosperity
transformation
World Bank Group
United Republic of Tanzania Systematic Country Diagnostic : To the Next Level of Development
geographic_facet Africa
Tanzania
description Tanzania began its independence as a socialist country, but in the 1980s economic difficulties pushed it to adopt macroeconomic reforms, among them removing direct controls on prices and exchange and interest rates and opening up industry to private investment. Reforms intensified in the second half of the 1990s with steep cuts in public spending, which helped the Government to move from fiscal deficits to surpluses. Inflation was brought under control. Exchange rate stability was restored, and the Government carried out structural reforms to boost exports, liberalize domestic markets, and reduce public sector involvement in the economy. This Systematic Country Diagnostic (SCD) provides an informed and integrative perspective on what Tanzania can do to move its national goals forward. The primary aim of the SCD is to analyze the country’s current opportunities and challenges and identify priority areas for policy action. The findings will be the foundation for the Country Partnership Framework (CPF), which will guide the engagement of the World Bank Group (WBG) with Tanzania for the next five years. The SCD builds on a wide range of analyses conducted by the WBG, the Government, and other institutions. The World Bank’s Country Economic Memorandum (CEM) 2014 and poverty assessment 2015 have contributed to the diagnostic, and the Policy Notes for the New Administration, presented in December 2015, helped set the sector-specific policy agenda and informed the analysis of binding constraints and potential solutions. Consultations for the SCD brought in a broad range of stakeholders.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title United Republic of Tanzania Systematic Country Diagnostic : To the Next Level of Development
title_short United Republic of Tanzania Systematic Country Diagnostic : To the Next Level of Development
title_full United Republic of Tanzania Systematic Country Diagnostic : To the Next Level of Development
title_fullStr United Republic of Tanzania Systematic Country Diagnostic : To the Next Level of Development
title_full_unstemmed United Republic of Tanzania Systematic Country Diagnostic : To the Next Level of Development
title_sort united republic of tanzania systematic country diagnostic : to the next level of development
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/510681488823616126/Tanzania-Systematic-Country-Diagnostic
http://hdl.handle.net/10986/26236
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