This Country Economic Report (CER) is a contribution to the ongoing debate among decision makers and diverse stakeholders in Namibia on the outlook for sustained growth and employment creation that addresses distribution issues as well. The report addresses the following main questions. What has been the past growth and employment record and what can be learned? What are the main binding constraints to growth? What has been the impact of this growth on poverty and inequality in Namibia? What are the prospects for broad-based growth in key sectors? What key elements of an employment strategy would complement a growth strategy? It begins with a discussion of Namibia's history and background, then its growth and employment record. The next section identifies binding constraints to growth. Chapter 4 discusses poverty and inequality, while the last chapter analyzes growth prospects in agriculture, fisheries and manufacturing.