Publication:
Djibouti Country Economic Memorandum, January 2024 - Djibouti Beyond the Ports and Bases: A Path to Prosperity for All

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dc.contributor.authorWorld Bank
dc.date.accessioned2024-02-12T13:22:22Z
dc.date.available2024-02-12T13:22:22Z
dc.date.issued2024-02-12
dc.description.abstractOver the past two decades, Djibouti’s economy has demonstrated remarkable growth, reaching the status of lower middle-income country. However, this remarkable performance was achieved despite the enduring presence of persistent structural challenges, notably the high cost of electricity and telecommunications, and a fragile business environment. In this context, economic growth has predominantly relied on debt-financed public investment and private investments with limited linkages to the broader economy or job creation. Furthermore, the positive impacts of economic growth have not been evenly distributed across all sections of society, raising concerns about inclusive development. Moreover, Djibouti is increasingly vulnerable to climate change. As Djibouti embarks on its second phase of development, it is crucial to ensure that the benefits of growth are felt by all segments of society, particularly women and youth. Addressing these issues is crucial to foster a more conducive environment for businesses and stimulate economic growth. Recognizing these challenges, the Government of Djibouti has recalibrated its development strategy through the “Djibouti 2035 Vision” and the National Development Plan (NDP) for 2020-2024. By effectively addressing these priorities Djibouti can pave the way to a transformative path toward a more dynamic, inclusive, and poverty-reducing future.en
dc.description.abstractAu cours des deux dernières décennies, l’économie de Djibouti a connu une croissance remarquable, atteignant le statut de pays à revenu intermédiaire de la tranche inférieure. Toutefois, ces résultats remarquables ont été obtenus malgré la persistance de contraintes structurelles, notamment les coûts élevés de l’électricité et des télécommunications avec cependant des efforts récents dans ces deux secteurs et la fragilité de l’environnement des affaires. Dans ce contexte, la croissance économique a été principalement tirée par des investissements publics financés par la dette et des investissements privés dont les impacts sur l’économie globale et la création d’emplois ont été restreints. En outre, les effets positifs de la croissance économique n’ont pas été répartis de manière équitable à tous les segments de la société, suscitant ainsi des préoccupations concernant l’inclusivité du modèle de croissance Djiboutien. Par ailleurs, Djibouti est de plus en plus vulnérable au changement climatique. Il est essentiel de s’attaquer à ces problèmes pour favoriser un environnement plus attractif aux entreprises et stimuler la croissance économique. Conscient de ces défis, le gouvernement de Djibouti a recalibré sa stratégie de développement à travers la “Vision Djibouti 2035” et le Plan national de développement (PND) pour 2020-2024. En répondant efficacement à ces priorités, Djibouti peut ouvrir la voie à une transformation vers un avenir plus dynamique, plus inclusif et plus propice à la réduction de la pauvreté.fr
dc.identifierhttp://documents.worldbank.org/curated/en/099013124082525843/P17794913d0f7c0d319c7d125f26432112d
dc.identifier.doi10.1596/41036
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/41036
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectPRODUCTION COST
dc.subjectGOVERNANCE PERFORMANCE
dc.subjectSUSTAINABILITY
dc.subjectLABOR MARKET
dc.subjectSOE SECTOR
dc.subjectPRIVATE SECTOR
dc.titleDjibouti Country Economic Memorandum, January 2024 - Djibouti Beyond the Ports and Basesen
dc.titleMémorandum économique pays de Djibouti - Djibouti au-delà des ports et des basesfr
dc.title.subtitleA Path to Prosperity for Allen
dc.title.subtitleUne voie vers la prospérité pour tousfr
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleDjibouti Country Economic Memorandum, January 2024 - Djibouti Beyond the Ports and Bases: A Path to Prosperity for All
okr.date.disclosure2024-02-12
okr.date.lastmodified2024-02-01T00:00:00Zen
okr.date.lastmodified2024-02-01T00:00:00Zfr
okr.doctypeCountry Economic Memorandum
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099013124082525843/P17794913d0f7c0d319c7d125f26432112d
okr.guid099013124082525843
okr.guid099013124082553814
okr.identifier.docmidP177949-3d0f7ca9-18f9-4cd3-9c7d-25f26432112d
okr.identifier.doihttp://dx.doi.org/10.1596/41036
okr.identifier.externaldocumentum34249153
okr.identifier.internaldocumentum34249153
okr.identifier.report187457
okr.import.id3124
okr.importedtrueen
okr.importedtruefr
okr.language.supporteden
okr.language.supportedfr
okr.pdfurlhttp://documents.worldbank.org/curated/en/099013124082525843/pdf/P17794913d0f7c0d319c7d125f26432112d.pdfen
okr.pdfurlhttp://documents.worldbank.org/curated/en/099013124082553814/pdf/P1779491b6c62d02a1b7131518b17ca9a10.pdffr
okr.region.administrativeMiddle East and North Africa
okr.region.countryDjibouti
okr.sectorCentral Government (Central Agencies)
okr.themeInclusive Growth,Job Creation,Data Development and Capacity Building,Economic Policy,Economic Growth and Planning,Private Sector Development,Public Sector Management,Jobs,Data production, accessibility and use
okr.topicMacroeconomics and Economic Growth::Economic Development
okr.topicMacroeconomics and Economic Growth::Economic Forecasting
okr.topicSocial Protections and Labor::Labor Markets
okr.topicPrivate Sector Development::Privatization
okr.topicEnvironment::Adaptation to Climate Change
okr.txturlhttp://documents.worldbank.org/curated/en/099013124082553814/text/P1779491b6c62d02a1b7131518b17ca9a10.txtfr
okr.unitEFI-MNA-MTI-MacroFiscal (EMNMT)
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