Mali: Selected Issues

Volume/Issue: Volume 2015 Issue 340
Publication date: December 2015
ISBN: 9781513591971
$18.00
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Topics covered in this book

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Labor , Public Finance , Taxation - General , Agribusiness , ISCR , CR , GDP growth , government , labor market , GDP , mali's Accountability , government service , export diversification , IIAG Accountability Index , Labor taxes , Labor markets , Corruption , Agricultural sector , Sub-Saharan Africa , Global , Africa

Summary

This Selected Issues paper examines growth, structural transformation, and diversification in Mali. At present, the majority of Mali’s population is employed in low-productivity agriculture, and the secondary sector is underdeveloped. Further structural transformation and diversification of output and exports could thus yield significant growth dividends, but will be challenging in the context of a rapid projected increase in the workforce over coming decades, much of which would need to be absorbed by the agricultural sector. Policies could focus on easing the constraints to structural transformation in key areas such as education and the business climate, as well as devising a clear strategy for tackling the challenges posed by rapid population growth.