{
  "title": "Djibouti’s Quest for Inclusive Growth",
  "publication": "IMF Working Papers, December 5, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/wp/issues/2017/12/05/djiboutis-quest-for-inclusive-growth-45443",
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  "summary": "The paper reviews Djibouti’s macroeconomic reforms aimed at achieving middle-income status as envisaged in Vision Djibouti 2035, the authorities’ development strategy.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Author: Alexei P Kireyev\n- Publication date: December 5, 2017\n- Series: Working Paper No. 2017/270\n- Pages: 63\n- Volume: 2017\n- Issue: 270\n- DOI: https://doi.org/10.5089/9781484331118.001\n- ISBN: 9781484331118\n- ISSN: 1018-5941\n- Summary statement: The paper reviews Djibouti’s macroeconomic reforms aimed at achieving middle-income status as envisaged in Vision Djibouti 2035, and reviews policy options in three critical reform areas."
    },
    {
      "heading": "Key themes and findings",
      "content": "- Translating the investment boom into strong and inclusive growth\n  - Focus: turning recent investment expansion into growth that reduces poverty and unemployment.\n  - Objective: achieve middle-income status as envisaged in Vision Djibouti 2035.\n- Fiscal policy to support growth while preserving debt sustainability\n  - Focus: designing fiscal policy that balances support for growth with preservation of debt sustainability.\n- Role of the business climate in growth acceleration\n  - Focus: improving the business environment as an important element for accelerating growth."
    },
    {
      "heading": "Policy options and areas of reform (as described)",
      "content": "- Translate investment boom into inclusive growth\n  - Policies to reduce poverty and unemployment through inclusive growth strategies.\n- Fiscal policy calibration\n  - Policies to support growth while preserving debt sustainability.\n- Business climate reforms\n  - Policies to accelerate growth by improving business environment and private sector conditions."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Business environment, Economic sectors, Expenditure, Fiscal policy, Fiscal space, Poverty, Public debt\n- Keywords: Business environment, debt ratio, debt sustainability, decision-making framework, Djibouti, East Africa, economic growth, export-led growth, Fiscal space, government consumption multiplier, growth, inclusiveness, inequality, per capita income, poverty line, poverty rate, poverty reduction, public enterprise, reform program, short-term debt, tax burden, WP\n\nIMF Working Paper No. 2017/270 by Alexei P Kireyev.\n\n---\n\n Content in this bundle\n\n- Djibouti’s Quest for Inclusive Growth, WP/17/270, December 2017\n  - Djibouti’s Quest for Inclusive Growth, WP/17/270, December 2017 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Djibouti’s Quest for Inclusive Growth, WP/17/270, December 2017 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2017/12/05/djiboutis-quest-for-inclusive-growth-45443"
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    "Authors: Alexei P Kireyev",
    "Published: December 5, 2017",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781484331118.001",
    "Author: Alexei P Kireyev",
    "Publication date: December 5, 2017",
    "Series: Working Paper No. 2017/270",
    "Pages: 63",
    "Volume: 2017",
    "Issue: 270",
    "DOI: https://doi.org/10.5089/9781484331118.001",
    "ISBN: 9781484331118",
    "ISSN: 1018-5941",
    "Summary statement: The paper reviews Djibouti’s macroeconomic reforms aimed at achieving middle-income status as envisaged in Vision Djibouti 2035, and reviews policy options in three critical reform areas.",
    "Translating the investment boom into strong and inclusive growth",
    "Fiscal policy to support growth while preserving debt sustainability",
    "Role of the business climate in growth acceleration",
    "Translate investment boom into inclusive growth",
    "Fiscal policy calibration",
    "Business climate reforms",
    "Subject: Business environment, Economic sectors, Expenditure, Fiscal policy, Fiscal space, Poverty, Public debt",
    "Keywords: Business environment, debt ratio, debt sustainability, decision-making framework, Djibouti, East Africa, economic growth, export-led growth, Fiscal space, government consumption multiplier, growth, inclusiveness, inequality, per capita income, poverty line, poverty rate, poverty reduction, public enterprise, reform program, short-term debt, tax burden, WP",
    "**Djibouti’s Quest for Inclusive Growth, WP/17/270, December 2017**"
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