{
  "title": "Liberia: Poverty Reduction and Growth Strategy",
  "publication": "IMF Staff Country Reports, January 8, 2021",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2021/01/07/liberia-poverty-reduction-and-growth-strategy-49996",
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  "summary": "The Pro-Poor Agenda for Prosperity and Development 2018 to 2023 (PAPD) is the second in the series of 5-year National Development Plans (NDP) anticipated under the Liberia Vision 2030 framework. It follows the Agenda for Transformation 2012-2017 (AfT).",
  "sections": [
    {
      "heading": "Summary and purpose",
      "content": "- The Pro-Poor Agenda for Prosperity and Development 2018 to 2023 (PAPD) is the second in the series of 5-year National Development Plans (NDP) under the Liberia Vision 2030 framework.\n- PAPD follows the Agenda for Transformation 2012-2017 (AfT) and is informed by lessons from the Interim Poverty Reduction Strategy 2007 (iPRS) and the Poverty Reduction Strategy (2008-2011).\n- Core objective: translate Liberia's endowments into inclusive development by addressing human capital, infrastructure, and inequality constraints."
    },
    {
      "heading": "Key findings and diagnostics",
      "content": "- Liberia is rich in human and natural resources.\n- Development is constrained because human capital lacks the knowledge to transform natural resources into wealth through farming, mining, fishing, or other productive ventures that require technology or financial investments.\n- Relative capital composition:\n  - Relatively rich in natural capital.\n  - Relatively poor in human capital and produced capital compared with peers.\n- Binding constraints to future growth and prosperity:\n  - A legacy of entrenched inequality in access to development opportunities.\n  - Widespread infrastructure deficits.\n  - Pervasive poverty."
    },
    {
      "heading": "Thematic focus areas (as identified in the source)",
      "content": "- Education\n- Health\n- Infrastructure\n- Labor\n- Population and demographics"
    },
    {
      "heading": "Keywords and analytical focus",
      "content": "- absolute poverty\n- CR\n- economic growth\n- gross domestic product\n- ISCR\n- private sector\n- real GDP\n\n---\n\n Content in this bundle\n\n- Liberia: Poverty Reduction and Growth Strategy; IMF Country Report No. 21/10; November 30, 2020\n  - Liberia: Poverty Reduction and Growth Strategy; IMF Country Report No. 21/10; November 30, 2020 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Liberia: Poverty Reduction and Growth Strategy; IMF Country Report No. 21/10; November 30, 2020 (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
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    "Published: January 8, 2021",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513566313.002",
    "The Pro-Poor Agenda for Prosperity and Development 2018 to 2023 (PAPD) is the second in the series of 5-year National Development Plans (NDP) under the Liberia Vision 2030 framework.",
    "PAPD follows the Agenda for Transformation 2012-2017 (AfT) and is informed by lessons from the Interim Poverty Reduction Strategy 2007 (iPRS) and the Poverty Reduction Strategy (2008-2011).",
    "Core objective: translate Liberia's endowments into inclusive development by addressing human capital, infrastructure, and inequality constraints.",
    "Liberia is rich in human and natural resources.",
    "Development is constrained because human capital lacks the knowledge to transform natural resources into wealth through farming, mining, fishing, or other productive ventures that require technology or financial investments.",
    "Relative capital composition:",
    "Binding constraints to future growth and prosperity:",
    "absolute poverty",
    "CR",
    "economic growth",
    "gross domestic product",
    "ISCR",
    "private sector",
    "real GDP",
    "**Liberia: Poverty Reduction and Growth Strategy; IMF Country Report No. 21/10; November 30, 2020**"
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