Publication:
Togo Growth Diagnostics

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dc.contributor.authorGarrido, Leonardo
dc.contributor.authorLundstrom, Susanna
dc.date.accessioned2012-03-19T18:43:30Z
dc.date.available2012-03-19T18:43:30Z
dc.date.issued2010-12-01
dc.description.abstractThis paper starts by analyzing past growth trends and sources of growth in Togo, as well as the structure of the economic actors in the country. The second part explores the current binding constraints to rapid and sustainable growth. For increased international competitiveness and growth, Togo will need to raise efforts to streamline its costly and cumbersome business procedures. However, for this to have a sizable impact, Togo must prove to potential investors that political stability is permanent and that corruption, poor budget execution and mismanagement of state owned enterprises belongs to the past. As a result of the new government's reform agenda and the return of international aid, a window of opportunities for high returns to the still limited public investments has opened up. This is especially true in infrastructure and connectivity services, which would not only take advantage of Togo's geographical location as a regional hub, but also make growth in Togo more inclusive. And as economic opportunities arise for the private sector, there is a need to restructure the banking sector, which has already started, to smooth distortions in the credit market. Promising sectors within agriculture that are vital to economic growth, employment opportunities, and poverty reduction remain important, but will need to overcome a number of coordination failures. Not least due to the history of government interventions causing economic distortions, the government must allow for a stronger role for private operators and encourage it wherever possible. Finally, although education does not exhibit constraints to economic activity in Togo today, it is of importance to improve the quality of education, not least to profit from and catalyze the opportunities related to Togo's potential as a regional hub.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20101221164522
dc.identifier.doi10.1596/1813-9450-5509
dc.identifier.urihttps://hdl.handle.net/10986/3993
dc.languageEnglish
dc.relation.ispartofseriesPolicy Research working paper ; no. WPS 5509
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO CAPITAL
dc.subjectACCESS TO FINANCE
dc.subjectAGGREGATE DEMAND
dc.subjectAGGREGATE SUPPLY
dc.subjectAGRICULTURAL SECTOR
dc.subjectAGRICULTURE
dc.subjectANNUAL GROWTH
dc.subjectARREARS
dc.subjectAVERAGE GROWTH
dc.subjectAVERAGE GROWTH RATE
dc.subjectAVERAGE INCOME
dc.subjectAVERAGE INCOME LEVEL
dc.subjectAVERAGE PRODUCTIVITY
dc.subjectBANKING SECTOR
dc.subjectBANKS
dc.subjectBENCHMARK
dc.subjectBENCHMARKING
dc.subjectBENCHMARKS
dc.subjectBUSINESS ENTERPRISE
dc.subjectBUSINESS ENTERPRISES
dc.subjectCAPITAL ACCOUNT
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL FLOWS
dc.subjectCAPITAL INVESTMENTS
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL STOCK
dc.subjectCAPITAL STOCKS
dc.subjectCENTRAL BANK
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPARATOR COUNTRIES
dc.subjectCOMPETITIVENESS
dc.subjectCORRUPTION
dc.subjectCOST OF CAPITAL
dc.subjectCOUNTRY COMPARISONS
dc.subjectCOUNTRY SPECIFIC
dc.subjectCREDIT CONSTRAINT
dc.subjectCREDIT MARKET
dc.subjectCREDIT WORTHINESS
dc.subjectCROSS COUNTRY
dc.subjectCURRENT ACCOUNT
dc.subjectDATA AVAILABILITY
dc.subjectDEBT
dc.subjectDEBT MATURITY
dc.subjectDEBT RELIEF
dc.subjectDEVALUATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT POLICY
dc.subjectDISCOUNT RATE
dc.subjectDIVERSIFICATION
dc.subjectDOMESTIC CREDIT
dc.subjectDOMESTIC SAVINGS
dc.subjectDONOR FUNDING
dc.subjectDONOR SUPPORT
dc.subjectDYNAMIC ANALYSIS
dc.subjectECONOMIC ACTIVITIES
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC DECLINE
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC INTEGRATION
dc.subjectECONOMIC LITERATURE
dc.subjectECONOMIC OPPORTUNITIES
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC POLICIES
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC REFORMS
dc.subjectECONOMIC SECTORS
dc.subjectECONOMIC STRUCTURE
dc.subjectECONOMIC STRUCTURES
dc.subjectEDUCATION LEVEL
dc.subjectEDUCATION LEVELS
dc.subjectEDUCATIONAL LEVEL
dc.subjectEMPLOYMENT DYNAMICS
dc.subjectEMPLOYMENT GROWTH
dc.subjectEMPLOYMENT OPPORTUNITIES
dc.subjectENDOWMENTS
dc.subjectENROLLMENT
dc.subjectENTREPRENEURSHIP
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATE REGIME
dc.subjectEXPECTED RETURNS
dc.subjectEXPENDITURE
dc.subjectEXPLANATORY VARIABLES
dc.subjectEXPORT DIVERSIFICATION
dc.subjectEXPORT GROWTH
dc.subjectEXPORTS
dc.subjectEXTERNAL CAPITAL
dc.subjectEXTERNALITIES
dc.subjectFAMILY FARMS
dc.subjectFARMERS
dc.subjectFINANCIAL ACCOUNT
dc.subjectFINANCIAL CRISES
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCING COSTS
dc.subjectFISCAL POLICIES
dc.subjectFIXED CAPITAL
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN DIRECT INVESTMENTS
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN INVESTMENT
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGOVERNMENT INTERVENTIONS
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROSS FIXED CAPITAL FORMATION
dc.subjectGROSS NATIONAL SAVINGS
dc.subjectGROSS VALUE
dc.subjectGROWTH PROSPECTS
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHEADCOUNT RATIO
dc.subjectHIGH GROWTH
dc.subjectHIGH GROWTH RATE
dc.subjectHIGHER EDUCATION LEVEL
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN DEVELOPMENT
dc.subjectINCOME
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME GROUP
dc.subjectINCOME GROUPS
dc.subjectINCOME GROWTH
dc.subjectINCOME GROWTH RATE
dc.subjectINCOME LEVELS
dc.subjectINDEPENDENT VARIABLES
dc.subjectINFORMATION TECHNOLOGY
dc.subjectINTEREST RATE
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL TRADE
dc.subjectINVENTORY
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT RATIO
dc.subjectJOB OPPORTUNITIES
dc.subjectLABOR FORCE
dc.subjectLABOR FORCE PARTICIPATION
dc.subjectLANDLOCKED COUNTRIES
dc.subjectLEGAL TENDER
dc.subjectLIMITED ACCESS
dc.subjectLIQUIDITY
dc.subjectLIVING STANDARDS
dc.subjectMACRO STABILITY
dc.subjectMACROECONOMIC POLICIES
dc.subjectMACROECONOMIC STABILITY
dc.subjectMARKET FAILURES
dc.subjectMEDIUM TERM
dc.subjectMIDDLE INCOME COUNTRY
dc.subjectMIGRATION
dc.subjectMONETARY POLICIES
dc.subjectMONETARY POLICY
dc.subjectOPPORTUNITY COST
dc.subjectPER CAPITA GROWTH
dc.subjectPER CAPITA INCOME
dc.subjectPHYSICAL CAPITAL
dc.subjectPOLICY CHANGE
dc.subjectPOLICY RESEARCH
dc.subjectPOLITICAL INSTABILITY
dc.subjectPOLITICAL STABILITY
dc.subjectPOLITICAL SUPPORT
dc.subjectPOOR COUNTRIES
dc.subjectPOOR PEOPLE
dc.subjectPOVERTY LINE
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY TRAPS
dc.subjectPRICE INCREASES
dc.subjectPRIMARY EDUCATION
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE INVESTMENTS
dc.subjectPRODUCTION FUNCTION
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC INVESTMENTS
dc.subjectPUBLIC OFFICIALS
dc.subjectPUBLIC SECTOR
dc.subjectPURCHASING POWER
dc.subjectPURCHASING POWER PARITY
dc.subjectRAPID GROWTH
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL GDP
dc.subjectRECESSION
dc.subjectREMITTANCES
dc.subjectRURAL AREAS
dc.subjectRURAL POOR
dc.subjectSAVING RATE
dc.subjectSECTOR ACTIVITIES
dc.subjectSECTORAL COMPOSITION
dc.subjectSELF EMPLOYMENT
dc.subjectSIGNIFICANT IMPACT
dc.subjectSOURCE OF INFORMATION
dc.subjectSOURCES OF FINANCE
dc.subjectSTRUCTURAL ADJUSTMENT
dc.subjectSTRUCTURAL BOTTLENECKS
dc.subjectSUSTAINABLE GROWTH
dc.subjectTAXATION
dc.subjectTECHNOLOGY FRONTIER
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTRADE BALANCE
dc.subjectTRADE POLICIES
dc.subjectTRANSPORT
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATES
dc.subjectUNION
dc.subjectURBAN AREAS
dc.subjectURBAN POOR
dc.subjectURBAN WORKERS
dc.subjectVALUE ADDED
dc.subjectWOMAN
dc.titleTogo Growth Diagnosticsen
dspace.entity.typePublication
okr.crossref.titleTogo growth diagnostics
okr.date.disclosure2010-12-01
okr.date.doiregistration2025-04-10T11:36:47.013614Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20101221164522
okr.globalpracticePoverty
okr.guid556551468174243349
okr.identifier.doi10.1596/1813-9450-5509
okr.identifier.externaldocumentum000158349_20101221164522
okr.identifier.internaldocumentum13264204
okr.identifier.reportWPS5509
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/12/21/000158349_20101221164522/Rendered/PDF/WPS5509.pdfen
okr.region.administrativeAfrica
okr.region.administrativeAfrica
okr.region.countryTogo
okr.region.geographicalWest Africa
okr.region.geographicalSub-Saharan Africa
okr.topicPoverty Reduction::Achieving Shared Growth
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isAuthorOfPublication7d3701b4-939c-5118-aa81-cab5aed1221a
relation.isAuthorOfPublication.latestForDiscovery7d3701b4-939c-5118-aa81-cab5aed1221a
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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