Publication: Country Partnership Framework for the Argentine Republic for the Period FY19-FY22
Loading...
Date
2019-03-28
ISSN
Published
2019-03-28
Editor(s)
Abstract
This Country Partnership Framework (CPF) outlines how the World Bank Group (WBG) will accompany Argentina’s path to reduce macroeconomic instability while setting the stage for poverty reduction through private sector led growth. The objectives selected for the CPF are closely linked to the priorities identified in the recent Argentina Systematic Country Diagnostic (SCD), which analyses key constraints to inclusive and sustainable growth and poverty reduction and suggests ways to address them. They also reflect the fact that Argentina’s Gross National Income (GNI) per capita is above the Graduation Discussion Income, and that WBG’s new financing will be focused to support the country’s sustainable graduation path from IBRD. At the same time, the Government has expressed a preference to retain, in principle, access to the entire range of WBG instruments. This CPF covers the four-year period FY19-FY22. As Argentina’s presidential and legislative elections are to be held in October 2019, the Progress and Learning Review (PLR) will provide an opportunity to assess progress of reforms, revisit priorities, and reflect changes to the CPF program as needed.
Link to Data Set
Citation
“World Bank; International Finance Corporation; Multilateral Investment Guarantee Agency. 2019. Country Partnership Framework for the Argentine Republic for the Period FY19-FY22. © World Bank. http://hdl.handle.net/10986/31587 License: CC BY 3.0 IGO.”
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Related items
Showing items related by metadata.
Publication Country Partnership Framework for the Republic of North Macedonia for the Period of January 2019-June 2023(World Bank, Washington, DC, 2019-03-21)This Country Partnership Framework (CPF) sets out the World Bank Group’s approach to supporting the reform agenda in North Macedonia over January 2019–June 2023. The CPF builds on the results and lessons of the previous World Bank Group Country Partnership Strategy (CPS) that originally covered the period from July 2014 to June 2018 and was subsequently extended by six months to December 2018. The new CPF seeks to address the priorities identified by the recently completed Systematic Country Diagnostic (SCD) for North Macedonia. The strategic objective of the CPF is to support North Macedonia’s ability to achieve faster, inclusive, and sustainable growth and provide its citizens with greater opportunities for a better life. The CPF aims to support the Government’s program and medium-term strategy, which present a vision of accelerated economic growth with better employment opportunities, social cohesion and inclusion, and a plan to tackle the persistent bottlenecks. The Government strategy is consistent with the SCD’s vision of a better-connected, vibrant domestic economy engaged in the region and beyond as it secures its footing in areas of strong comparative advantage.Publication Country Partnership Framework for Georgia for the Period FY19-FY22(World Bank, Washington, DC, 2018-04-25)This Country Partnership Framework (CPF) for FY19–FY22 sets out the World Bank Group’s (WBG) proposals for supporting the Government of Georgia’s vision of developing a market based economy while ensuring nationwide prosperity and strengthening its regional position. Building on the strong foundation put in place by the previous FY14 to FY17 Country Partnership Strategy (CPS), this CPF will work to consolidate gains and move the economy toward addressing next generation development challenges for sustained and inclusive growth and poverty reduction. The CPF proposes a strategic shift in focus from an infrastructure heavy program to one that emphasizes expanding human capital. WBG interventions over the next four years will aim to reduce gaps in human endowments and create economic opportunities that will ensure inclusive and sustainable economic growth. The WBG will support Georgia in sustaining strong productivity led growth while maintaining a direct line of sight to the “Bottom 40” those Georgians whose annual household income falls into the bottom 40 percent of the country. To support the government in achieving the twin goals of eliminating extreme poverty and promoting shared prosperity, the CPF envisages support to Georgia across three focus group areas: (i) enhancing inclusive growth and competitiveness, (ii) investing in human capital, and (iii) building resilience. The CPF will pay special attention to vulnerable groups and lagging regions that have not benefited from the fruits of growth.Interventions will target special groups such as women, youth, and rural communities where most poor people live. Across the three focus areas, the CPF will rely on three engagement principles to guide the selection of interventions: (i) maximizing finance for development (MfD), which aims to leverage the private sector for growth and sustainable development; (ii) spatial equity, as a means to redress currently regional imbalances within the country; and (iii) innovation, given the rapid pace of technological changes and digitization and its effects on productivity and competitiveness. Lending commitments will evolve during the CPF as they have throughout the WBG’s engagement with Georgia and the current portfolio of investments and advisory services and analytics (ASA) will serve as a solid base to enable the WBG to achieve the intended strategic shifts in this CPF.Publication Country Partnership Framework for the Republic of Senegal for the Period FY20-FY24(World Bank, Washington, DC, 2020-02-11)This five-year Country Partnership Framework (CPF) for Senegal lays out the World Bank Group (WBG) program for the FY20–FY24 period, which aims to support the country in its path towards achieving middle-income status by 2035.Publication Country Partnership Framework for the Republic of Sierra Leone for the Period FY21 - FY26(World Bank, Washington, DC, 2020-04-19)Sierra Leone has an advantageous geography and abundant mineral, agricultural and blue resources, yet the country’s per capita gross domestic product (GDP) is almost the same as it was after independence. This CPF is highly selective and opportunistic, focusing on putting the fundamentals in place, with a strong emphasis on critical development accelerators that touch the lives of every Sierra Leonean: human capital, energy and technology.Publication Country Partnership Framework for the Republic of Kazakhstan for the Period 2020-2025(World Bank, Kazakhstan, 2019-11-12)Past economic success notwithstanding, this Country Partnership Framework (CPF) comes at a time when Kazakhstan faces growing challenges. Institutional and governance reforms have been identified by the Systematic Country Diagnostic (SCD) as the main constraint to achieving Kazakhstan's development goals. This CPF incorporates shifts in the World Bank Group (WBG) program that are intended to directly support Kazakhstan's development objectives and assist it in IBRD graduation. The CPF will also involve a high degree of selectivity to ensure that its programming is consistent with the WBG's value proposition to upper-middle-income countries as well as the IBRD graduation policy.
Users also downloaded
Showing related downloaded files
Publication Global Economic Prospects, January 2025(Washington, DC: World Bank, 2025-01-16)Global growth is expected to hold steady at 2.7 percent in 2025-26. However, the global economy appears to be settling at a low growth rate that will be insufficient to foster sustained economic development—with the possibility of further headwinds from heightened policy uncertainty and adverse trade policy shifts, geopolitical tensions, persistent inflation, and climate-related natural disasters. Against this backdrop, emerging market and developing economies are set to enter the second quarter of the twenty-first century with per capita incomes on a trajectory that implies substantially slower catch-up toward advanced-economy living standards than they previously experienced. Without course corrections, most low-income countries are unlikely to graduate to middle-income status by the middle of the century. Policy action at both global and national levels is needed to foster a more favorable external environment, enhance macroeconomic stability, reduce structural constraints, address the effects of climate change, and thus accelerate long-term growth and development.Publication World Development Report 2024(Washington, DC: World Bank, 2024-08-01)Middle-income countries are in a race against time. Many of them have done well since the 1990s to escape low-income levels and eradicate extreme poverty, leading to the perception that the last three decades have been great for development. But the ambition of the more than 100 economies with incomes per capita between US$1,100 and US$14,000 is to reach high-income status within the next generation. When assessed against this goal, their record is discouraging. Since the 1970s, income per capita in the median middle-income country has stagnated at less than a tenth of the US level. With aging populations, growing protectionism, and escalating pressures to speed up the energy transition, today’s middle-income economies face ever more daunting odds. To become advanced economies despite the growing headwinds, they will have to make miracles. Drawing on the development experience and advances in economic analysis since the 1950s, World Development Report 2024 identifies pathways for developing economies to avoid the “middle-income trap.” It points to the need for not one but two transitions for those at the middle-income level: the first from investment to infusion and the second from infusion to innovation. Governments in lower-middle-income countries must drop the habit of repeating the same investment-driven strategies and work instead to infuse modern technologies and successful business processes from around the world into their economies. This requires reshaping large swaths of those economies into globally competitive suppliers of goods and services. Upper-middle-income countries that have mastered infusion can accelerate the shift to innovation—not just borrowing ideas from the global frontiers of technology but also beginning to push the frontiers outward. This requires restructuring enterprise, work, and energy use once again, with an even greater emphasis on economic freedom, social mobility, and political contestability. Neither transition is automatic. The handful of economies that made speedy transitions from middle- to high-income status have encouraged enterprise by disciplining powerful incumbents, developed talent by rewarding merit, and capitalized on crises to alter policies and institutions that no longer suit the purposes they were once designed to serve. Today’s middle-income countries will have to do the same.Publication Business Ready 2024(Washington, DC: World Bank, 2024-10-03)Business Ready (B-READY) is a new World Bank Group corporate flagship report that evaluates the business and investment climate worldwide. It replaces and improves upon the Doing Business project. B-READY provides a comprehensive data set and description of the factors that strengthen the private sector, not only by advancing the interests of individual firms but also by elevating the interests of workers, consumers, potential new enterprises, and the natural environment. This 2024 report introduces a new analytical framework that benchmarks economies based on three pillars: Regulatory Framework, Public Services, and Operational Efficiency. The analysis centers on 10 topics essential for private sector development that correspond to various stages of the life cycle of a firm. The report also offers insights into three cross-cutting themes that are relevant for modern economies: digital adoption, environmental sustainability, and gender. B-READY draws on a robust data collection process that includes specially tailored expert questionnaires and firm-level surveys. The 2024 report, which covers 50 economies, serves as the first in a series that will expand in geographical coverage and refine its methodology over time, supporting reform advocacy, policy guidance, and further analysis and research.Publication World Bank Annual Report 2024(Washington, DC: World Bank, 2024-10-25)This annual report, which covers the period from July 1, 2023, to June 30, 2024, has been prepared by the Executive Directors of both the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)—collectively known as the World Bank—in accordance with the respective bylaws of the two institutions. Ajay Banga, President of the World Bank Group and Chairman of the Board of Executive Directors, has submitted this report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors.Publication Commodity Markets Outlook, April 2025(Washington, DC: World Bank, 2025-04-29)Commodity prices are set to fall sharply this year, by about 12 percent overall, as weakening global economic growth weighs on demand. In 2026, commodity prices are projected to reach a six-year low. Oil prices are expected to exert substantial downward pressure on the aggregate commodity index in 2025, as a marked slowdown in global oil consumption coincides with expanding supply. The anticipated commodity price softening is broad-based, however, with more than half of the commodities in the forecast set to decrease this year, many by more than 10 percent. The latest shocks to hit commodity markets extend a so far tumultuous decade, marked by the highest level of commodity price volatility in at least half a century. Between 2020 and 2024, commodity price swings were frequent and sharp, with knock-on consequences for economic activity and inflation. In the next two years, commodity prices are expected to put downward pressure on global inflation. Risks to the commodity price projections are tilted to the downside. A sharper-than-expected slowdown in global growth—driven by worsening trade relations or a prolonged tightening of financial conditions—could further depress commodity demand, especially for industrial products. In addition, if OPEC+ fully unwinds its voluntary supply cuts, oil production will far exceed projected consumption. There are also important upside risks to commodity prices—for instance, if geopolitical tensions worsen, threatening oil and gas supplies, or if extreme weather events lead to agricultural and energy price spikes.