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Republic of Cameroon : Priorities for Ending Poverty and Boosting Shared Prosperity

TARIFFS CAPITAL MARKETS FISH STRUCTURAL ADJUSTMENT GOVERNMENT EXPENDITURES ECONOMIC GROWTH POLICY ENVIRONMENT ENVIRONMENTAL DEGRADATION FOREST MANAGEMENT DISPOSABLE INCOME AGRICULTURAL PRODUCTION EXPECTATIONS ECONOMIC CONSEQUENCES PRODUCERS RESOURCE MANAGEMENT PROPERTY RIGHTS TIMBER RESOURCE ALLOCATION LABOR FORCE PRICE SETTING REVENUES ECONOMIC PROBLEMS COMPOST INCENTIVES LABOR INPUTS EQUILIBRIUM SUSTAINABLE DEVELOPMENT AGRICULTURAL OUTPUT CONDITIONALITY AUDITS EMPIRICAL ANALYSIS ECONOMIC ACTIVITY CLIMATIC CONDITIONS EXPLOITATION OIL PRICES ARABLE LAND CROPPING SYSTEMS DRYLANDS LABOR COSTS AIR POLLUTION OIL IMPORT QUOTAS NATURAL CAPITAL UNSAFE DRINKING WATER POPULATION GROWTH LABOR PRODUCTIVITY OPTIONS QUOTAS LIVESTOCK PRODUCTS DEBT POLLUTION FORESTRY ECONOMIC POLICIES DIVIDENDS POLICY DECISIONS NATURAL RESOURCES METALS SUBSIDIES EFFICIENCY FISHING FOOD PRODUCTION TAXES TAX REFORMS ACCESS TO INFORMATION LAND USE RESOURCES NATURAL MONOPOLIES UNEMPLOYMENT DEMOGRAPHIC TRANSITION EQUITY PRODUCTIVITY GROWTH CONSUMPTION SCIENTIFIC KNOWLEDGE ECONOMIC IMPACT RURAL COMMUNITIES WAGES CLIMATE CHANGE VALUES ELECTRICITY DEMAND MARKET PRICES POLICY MAKERS CREDIT QUALITY STANDARDS PURCHASING POWER DEFORESTATION DEMAND MINES NATIONAL INCOME AGGREGATE DEMAND PUBLIC EXPENDITURES ELECTRICITY GENERATION INTERMEDIATE GOODS ENVIRONMENTS EXPENDITURES PROPERTY DECISION MAKING OPPORTUNITY COSTS TRANSACTION COSTS ENVIRONMENT SOIL DEGRADATION CONCEPTUAL FRAMEWORK ECONOMICS TERMS OF TRADE BASIC METALS TAX REVENUE ECONOMIC DEVELOPMENT CARTELS TRADE LAND ECONOMIES OF SCALE DRINKING WATER HEALTH PROBLEMS COMMERCIAL BANKS ADMINISTRATIVE PROCEDURES COMPARATIVE ADVANTAGE FARMS POPULATION PRESSURES OIL RESERVES FISHING GROUNDS REVENUE HIGH UNEMPLOYMENT LIVING CONDITIONS PROFITS ENVIRONMENTAL RAINFALL VARIABILITY PUBLIC GOOD PRICES OIL SECTOR PRODUCTION COSTS ECONOMIES PUBLIC GOODS COMPETITION
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Africa | Cameroon
2016-07-14T19:42:10Z | 2016-07-14T19:42:10Z | 2016-06-20

Cameroon is a lower-middle income country with social indicators and levels of poverty which are below those for comparator countries. Large and rising inequalities between north and south, inefficiencies in public resource allocation and an adverse business environment explain this. While insecurity due to Boko Haram activities and rapidly rising public debt constrain efforts at poverty reduction, there exists a huge potential for economic growth and poverty reduction. This potential remains mostly untapped. Realizing it will require far reaching reforms, particularly with respect to the business environment and public financial management, and require politically courage to accomplish. The remainder of this document explores how to achieve the twin goals of ending poverty and improving shared prosperity by 2030 in a sustainable manner. The document identifies a limited number of binding constraints which would need to be lifted to achieve the poverty objective. The next four chapters present background material to chapter six, which presents binding constraints to poverty reduction. The micro-foundations to poverty reduction are discussed in chapters two and three. Chapter two discusses poverty, equity and vulnerability. Chapter three discusses human capital and its role in poverty reduction. Chapter four considers poverty reduction from a macro-economic perspective. It discusses opportunities for growth and economic transformation as well as the status of various cross-cutting economic services. Chapter five, considers governance, fragility and the institutional environment. Binding constraints to sustainable poverty reduction are identified in chapter six.

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