Benin: Selected Issues

January 5, 2018

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Format: Chicago

Benin: Selected Issues, (USA: International Monetary Fund, 2018) accessed September 18, 2024

Also available in: français

Summary

This Selected Issues paper analyzes the growth, structural transformation, and export diversification in Benin. Although Benin has delivered high economic growth over recent years, it faces critical challenges regarding export diversification and domestic production. Benin’s competitiveness is impaired by structural bottlenecks. Low and stagnant productivity in the agriculture sector is perhaps a primary cause of the limited poverty reduction in rural areas. Policies to promote structural transformation and diversification should focus on addressing weaknesses that hinder entry into new lines of economic activity. Further progress on strengthening the business climate, addressing electricity shortages, and increasing human capital could provide significant benefits.

Subject: Expenditure, Export diversification, Income inequality, International trade, National accounts, Personal income, Public investment and public-private partnerships (PPP), Public investment spending

Keywords: Africa, Benin, Beninese banking system, Consumption expenditure, CR, Export diversification, Export diversification, Global, Income, Income inequality, Investment, Investment efficiency, ISCR, Mobilization reform, Personal income, Public investment and public-private partnerships (PPP), Public investment spending, Sub-Saharan Africa, West Africa

Publication Details

Pages:

59
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/002
Stock No:

1BENEA2018002
ISBN:

9781484336540
ISSN:

1934-7685

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