{
  "title": "Understanding Economic Growth in The Gambia: Challenges and Policy Implications",
  "publication": "Selected Issues Papers, July 21, 2026",
  "sourceUrl": "https://www.imf.org/en/publications/selected-issues-papers/issues/2026/07/21/understanding-economic-growth-in-the-gambia-challenges-and-policy-implications-577931",
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  "summary": "This paper highlights past, current and future drivers of The Gambia’s growth and suggests reforms to enhance growth potential and productivity. The Gambia needs to accelerate structural reforms to boost total factor productivity (TFP).",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Authors: Ali J Al-Sadiq, Nour Bouzouita, Chie Aoyagi\n- Publication date: July 21, 2026\n- Abstract summary:\n  - This paper highlights past, current and future drivers of The Gambia’s growth and suggests reforms to enhance growth potential and productivity.\n  - The Gambia needs to accelerate structural reforms to boost total factor productivity (TFP)."
    },
    {
      "heading": "Key findings and drivers of growth",
      "content": "- Past, current, and future drivers of The Gambia’s growth are analyzed with emphasis on total factor productivity (TFP).\n- Structural constraints limiting growth potential include governance, institutional capacity, agricultural productivity, business environment, access to finance, economic concentration, human capital gaps, and infrastructure shortfalls."
    },
    {
      "heading": "Policy recommendations and reforms",
      "content": "- Strengthen governance and institutional capacity.\n- Maintain macroeconomic stability through prudent fiscal and monetary policies.\n- Raise agricultural productivity.\n- Foster private sector–led growth through improvements in the business environment and access to finance.\n- Promote economic diversification.\n- Invest in human capital.\n- Address critical infrastructure gaps."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Agricultural sector, Economic growth, Economic sectors, Growth accounting, Production, Productivity, Total factor productivity\n- Keywords: Africa, Agricultural sector, Economic Growth, Global, Government Effectiveness, Growth accounting, IMF country, issues paper, policy implication, Potential growth, Productivity, S.D. innovation, Sub-Saharan Africa, The Gambia, Total Factor Productivity, understanding economic growth in The Gambia\n\n---\n\n Content in this bundle\n\n- Sipea2026067\n  - Sipea2026067 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Sipea2026067 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/selected-issues-papers/issues/2026/07/21/understanding-economic-growth-in-the-gambia-challenges-and-policy-implications-577931"
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    "Authors: Ali J Al-Sadiq, Nour Bouzouita, Chie Aoyagi",
    "Published: July 21, 2026",
    "Series: Selected Issues Papers",
    "DOI: https://doi.org/10.5089/9798229054607.018",
    "Authors: Ali J Al-Sadiq, Nour Bouzouita, Chie Aoyagi",
    "Publication date: July 21, 2026",
    "Abstract summary:",
    "Past, current, and future drivers of The Gambia’s growth are analyzed with emphasis on total factor productivity (TFP).",
    "Structural constraints limiting growth potential include governance, institutional capacity, agricultural productivity, business environment, access to finance, economic concentration, human capital gaps, and infrastructure shortfalls.",
    "Strengthen governance and institutional capacity.",
    "Maintain macroeconomic stability through prudent fiscal and monetary policies.",
    "Raise agricultural productivity.",
    "Foster private sector–led growth through improvements in the business environment and access to finance.",
    "Promote economic diversification.",
    "Invest in human capital.",
    "Address critical infrastructure gaps.",
    "Subject: Agricultural sector, Economic growth, Economic sectors, Growth accounting, Production, Productivity, Total factor productivity",
    "Keywords: Africa, Agricultural sector, Economic Growth, Global, Government Effectiveness, Growth accounting, IMF country, issues paper, policy implication, Potential growth, Productivity, S.D. innovation, Sub-Saharan Africa, The Gambia, Total Factor Productivity, understanding economic growth in The Gambia",
    "**Sipea2026067**"
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