Publication:
Benin Economic Update, Fall 2014

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dc.contributor.authorWorld Bank
dc.date.accessioned2014-12-08T18:15:54Z
dc.date.available2014-12-08T18:15:54Z
dc.date.issued2014-10
dc.description.abstractBenin has made substantial progress over the past decade in reinforcing macroeconomic stability, which has laid the foundation for modest but accelerating growth. After averaging less than 3.7 percent from 2007-2011, GDP growth rose to 5.4 percent in 2012 and reached 5.6 percent in 2013. Growth is expected to remain strong at 5.5 percent in 2014. Benin s enhanced growth performance has been supported by ongoing efficiency improvements at the Port of Cotonou, a vital regional trade hub, which have boosted traffic and cut marginal shipping costs. These developments have been complemented by stronger cotton and non-cotton agricultural production, which have been bolstered by favorable weather conditions and relatively effective management of recent cotton campaigns. The weak connectivity between macroeconomic growth and poverty reduction arises largely from the very modest growth of per capita income. In addition, the highly informal nature of the economy, low and declining productivity, particularly in agriculture, and a lack of economic diversification all contribute to the persistence of poverty in Benin. Agricultural growth has been driven by the expansion of cultivated land rather than by increased productivity. Similarly, the increasing size of the national labor force has made a far larger contribution to GDP than have increases in labor productivity. Growth in the formal, salaried labor market remains constrained, and few high productivity/high wage jobs are being created. Strengthening the links between growth and poverty reduction will require boosting productivity, enhancing the business and investment climate, and promoting formalization. In this context, the Benin Economic Update is designed to provide timely analysis of recent developments and contribute to the ongoing dialogue on sound macroeconomic management and effective poverty reduction.en
dc.description.abstractLe Bénin a marqué des progrès sensibles au cours de la dernière décennie en améliorant la stabilité économique, ce qui a jeté les bases d’une croissance certes modeste mais plus rapide. Après avoir affiché une moyenne inférieure à 3,7 % entre 2007 et 2011, la croissance du PIB a augmenté à 5,4 % en 2012 pour atteindre 5,6 % en 2013 et devrait rester vigoureuse, à 5,5 %, en 2014. L’accélération de la croissance a bénéficié des gains d’efficacité du Port de Cotonou, centre nerveux du commerce régional, qui ont contribué à stimuler les échanges et à réduire les coûts d’expédition marginaux. Par ailleurs, des conditions météorologiques favorables et la gestion relativement efficace des récentes campagnes cotonnières ont permis d’accroître la production de coton et d’autres produits agricoles. Le lien ténu entre la croissance macroéconomique et la réduction de la pauvreté s’explique en grande partie par la faible augmentation du revenu par habitant. La croissance agricole a été davantage tirée par l’expansion des terres cultivées que par des gains de productivité. De même, l’augmentation de la population active du pays a beaucoup plus contribué au PIB que l’accroissement de la productivité de la main-d’œuvre. La croissance du secteur salarié structuré reste lente et peu d’emplois hautement productifs et bien rémunérés sont créés. Pour renforcer le lien entre la croissance et la réduction de la pauvreté, il faut accroître la productivité, améliorer le climat des affaires et de l’investissement, et promouvoir le développement du secteur formel. Dans ce contexte, le rapport vise à fournir une analyse opportune de l’évolution récente de la situation économique du Bénin et à enrichir le dialogue sur la gestion macroéconomique et la réduction de la pauvreté.fr
dc.identifierhttp://documents.worldbank.org/curated/en/2014/01/20308539/benin-economic-update-fall-2014
dc.identifier.doi10.1596/20672
dc.identifier.urihttps://hdl.handle.net/10986/20672
dc.languageEnglish
dc.language.isoen_US
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO EDUCATION
dc.subjectACCESS TO ELECTRICITY
dc.subjectACCOUNTABILITY REPORT
dc.subjectAGRICULTURAL ACTIVITIES
dc.subjectAGRICULTURAL DEVELOPMENT
dc.subjectAGRICULTURAL EXPORTS
dc.subjectAGRICULTURAL GROWTH
dc.subjectAGRICULTURAL INCOMES
dc.subjectAGRICULTURAL LAND
dc.subjectAGRICULTURAL PRODUCERS
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectAGRICULTURAL PRODUCTIVITY
dc.subjectAGRICULTURAL SECTOR
dc.subjectAGRICULTURAL SECTORS
dc.subjectAGRICULTURAL WORKFORCE
dc.subjectAGRICULTURE
dc.subjectANNUAL CHANGE
dc.subjectASSETS
dc.subjectBETTER FARMING PRACTICES
dc.subjectCALORIC INTAKE
dc.subjectCAPITAL INVESTMENT
dc.subjectCASH BASIS
dc.subjectCENTRAL BANK
dc.subjectCHANGES IN POVERTY
dc.subjectCOMPARATOR COUNTRIES
dc.subjectCOMPETITIVENESS
dc.subjectCONFLICT
dc.subjectCONSUMER GOODS
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONSUMER PRICES
dc.subjectCONSUMPTION BASKET
dc.subjectCONSUMPTION GROWTH
dc.subjectCONSUMPTION LEVELS
dc.subjectCOTTON PRODUCTION
dc.subjectCREDIT CONSTRAINTS
dc.subjectDEBT
dc.subjectDEVELOPMENT INDICATORS
dc.subjectDISPARITIES BETWEEN REGIONS
dc.subjectDOMESTIC CREDIT
dc.subjectDOMESTIC PRICES
dc.subjectDROP IN POVERTY
dc.subjectDURABLE GOODS
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC DIVERSIFICATION
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC LIFE
dc.subjectECONOMIC OUTLOOK
dc.subjectECONOMIC REFORMS
dc.subjectEMPLOYMENT DYNAMICS
dc.subjectEMPLOYMENT OPPORTUNITIES
dc.subjectEXCHANGE RATE
dc.subjectEXTREME POVERTY
dc.subjectFARMER
dc.subjectFARMERS
dc.subjectFEMALE-HEADED HOUSEHOLDS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL SECTOR
dc.subjectFISCAL POLICY
dc.subjectFOOD PRICE
dc.subjectFOOD PRICES
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGROWTH PERFORMANCE
dc.subjectGROWTH POTENTIAL
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHEADCOUNT RATIO
dc.subjectHEALTH CARE
dc.subjectHEALTH INSURANCE
dc.subjectHIGH CONCENTRATION
dc.subjectHIGH GROWTH
dc.subjectHIGH POVERTY
dc.subjectHOUSEHOLD CONSUMPTION
dc.subjectHOUSEHOLD HEAD
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD SIZE
dc.subjectHOUSEHOLD SURVEYS
dc.subjectHOUSING
dc.subjectHUMAN DEVELOPMENT
dc.subjectHUMAN DEVELOPMENT INDEX
dc.subjectIMPACT ON POVERTY
dc.subjectIMPACT ON POVERTY REDUCTION
dc.subjectINCIDENCE OF POVERTY
dc.subjectINCOME
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME GROUPS
dc.subjectINCOME GROWTH
dc.subjectINCOME LEVELS
dc.subjectINEFFICIENCY
dc.subjectINEQUALITY
dc.subjectINFLATION
dc.subjectINFORMAL ECONOMY
dc.subjectINFORMAL EMPLOYMENT
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINVESTMENT CLIMATE
dc.subjectLABOR FORCE
dc.subjectLABOR MARKET
dc.subjectLAND REFORM
dc.subjectLAND TENURE
dc.subjectLAND TITLING
dc.subjectLIFE EXPECTANCY
dc.subjectLIVESTOCK PRODUCTION
dc.subjectLIVING STANDARDS
dc.subjectLONG-TERM GROWTH
dc.subjectLOW WAGES
dc.subjectMACROECONOMIC GROWTH
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMACROECONOMIC PERFORMANCE
dc.subjectMACROECONOMIC STABILITY
dc.subjectMACROECONOMICS
dc.subjectMARGINAL PRODUCT
dc.subjectMARGINAL PRODUCTIVITY
dc.subjectMARKET FAILURES
dc.subjectNATIONAL POVERTY
dc.subjectNATIONAL POVERTY HEADCOUNT
dc.subjectNATIONAL POVERTY LINE
dc.subjectNET EXPORTS
dc.subjectPER CAPITA EXPENDITURE
dc.subjectPER CAPITA GROWTH
dc.subjectPER CAPITA INCOME
dc.subjectPOLICY AREAS
dc.subjectPOLICY CHANGES
dc.subjectPOOR
dc.subjectPOOR HOUSEHOLD
dc.subjectPOORER HOUSEHOLDS
dc.subjectPOVERTY DYNAMICS
dc.subjectPOVERTY HEADCOUNT RATE
dc.subjectPOVERTY HEADCOUNT RATES
dc.subjectPOVERTY INCIDENCE
dc.subjectPOVERTY INDICATORS
dc.subjectPOVERTY LEVELS
dc.subjectPOVERTY LINE
dc.subjectPOVERTY MEASURES
dc.subjectPOVERTY RATE
dc.subjectPOVERTY RATES
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY REDUCTION STRATEGY
dc.subjectPOVERTY REDUCTION STRATEGY PAPER
dc.subjectPOVERTY STATUS
dc.subjectPRICE STABILITY
dc.subjectPRO-POOR
dc.subjectPRO-POOR GROWTH
dc.subjectPRODUCTION VOLUMES
dc.subjectPRODUCTIVE ASSETS
dc.subjectPRODUCTIVITY INCREASES
dc.subjectPROFIT MARGINS
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC OFFICIALS
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC WORKS
dc.subjectQUALITY OF LIFE
dc.subjectRAPID GROWTH
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL GDP
dc.subjectREDUCING POVERTY
dc.subjectREDUCTION IN POVERTY
dc.subjectREFORM PROGRAM
dc.subjectREGIONAL DISPARITIES
dc.subjectREGIONAL STANDARDS
dc.subjectREGIONAL TRADE
dc.subjectRURAL
dc.subjectRURAL AREAS
dc.subjectRURAL DIFFERENCES
dc.subjectRURAL HOUSEHOLDS
dc.subjectRURAL INFRASTRUCTURE
dc.subjectRURAL POPULATION
dc.subjectRURAL POPULATIONS
dc.subjectSAFEGUARDS
dc.subjectSANITATION
dc.subjectSECTOR ACTIVITIES
dc.subjectSMALL FARMERS
dc.subjectSOCIAL SPENDING
dc.subjectSTRUCTURAL POLICIES
dc.subjectSTRUCTURAL REFORMS
dc.subjectSUBSISTENCE
dc.subjectSUSTAINABLE POVERTY
dc.subjectSUSTAINABLE POVERTY REDUCTION
dc.subjectTAX REVENUES
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTOTAL OUTPUT
dc.subjectTOTAL REVENUE
dc.subjectTRADE POLICY
dc.subjectUNDUE INFLUENCE
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATE
dc.subjectURBAN AREAS
dc.subjectVALUE ADDED
dc.subjectWELFARE IMPROVEMENTS
dc.subjectWIDESPREAD POVERTY
dc.titleBenin Economic Update, Fall 2014en
dc.titleLe point de la situation économique du Bénin (Automne 2014)fr
dc.title.alternativeLe Point de la Situation Économique du Béninen
dc.title.alternativeLe Point de la Situation Économique du Béninfr
dspace.entity.typePublication
okr.date.disclosure2014-10-21
okr.date.doiregistration2025-05-05T12:20:27.847861Z
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/2014/01/20308539/benin-economic-update-fall-2014
okr.globalpracticeMacroeconomics and Fiscal Management
okr.guid427541468013198932
okr.guid388521468228911802
okr.identifier.externaldocumentum000333037_20141021025023
okr.identifier.internaldocumentum20308539
okr.identifier.report91655
okr.language.supporteden
okr.language.supportedfr
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/10/21/000333037_20141021025023/Rendered/PDF/916550WP0Benin00Box385342B00PUBLIC0.pdfen
okr.pdfurlhttp://documents.worldbank.org/curated/en/427541468013198932/pdf/916550WP0Point0342B00PUBLIC00FRENCH.pdffr
okr.region.administrativeAfrica
okr.region.countryBenin
okr.topicPoverty Reduction::Rural Poverty Reduction
okr.topicEconomic Theory and Research
okr.topicMacroeconomics and Economic Growth::Regional Economic Development
okr.topicPoverty Reduction::Achieving Shared Growth
okr.txturlhttp://documents.worldbank.org/curated/en/427541468013198932/text/916550WP0Point0342B00PUBLIC00FRENCH.txtfr
okr.unitMacro & Fiscal Mgmt - GP (GMFDR)
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