Publication: Growth Poles Program : Political Economy of Social Capital
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Date
2014-04
ISSN
Published
2014-04
Author(s)
Abstract
The Government of Sierra Leone (GosL) and the World Bank (WB) have agreed upon the design and implementation of a growth poles program (GPP) in support of the agenda for prosperity (A4P), the GoSL's third poverty reduction strategy paper (PRSPIII). With support from the European Union competitive industries and innovation practice trust fund, the WB has been undertaking a series of scoping and diagnostic analyses on the GPP since early 2013, and to date this work has constituted the main part of the first phase of the approach (the initial diagnostic stage). This diagnostic work was completed in August 2013 and the diagnostic report confirmed that the growth pole approach can feasibly support and facilitate economic development in two geographical areas of the country. This analytical report attempts to provide a window into the undercurrents and the nuances that affect and shape the characteristics of host communities into which investment takes place. The report also highlights the various input considerations that need to be acknowledged (land, labor, community relations), the governance framework into which the future growth poles approach will fit - central, local, and community and finally concludes with a series of recommendations around key policy, institutional, cross linkages, and contextual challenges that the growth poles approach must consider as it attempts to underpin the government's growth by foreign direct investment agenda.
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Citation
“World Bank. 2014. Growth Poles Program : Political Economy of Social Capital. © Washington, DC. http://hdl.handle.net/10986/18733 License: CC BY 3.0 IGO.”