Report

Mali Growth and Diversification

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collection.link.86
https://openknowledge.worldbank.org/handle/10986/2194
collection.name.86
Foreign Trade, FDI, and Capital Flows Study
dc.contributor.author
World Bank
dc.date.accessioned
2019-06-11T19:42:43Z
dc.date.available
2019-06-11T19:42:43Z
dc.date.issued
2018-03-14
dc.description.abstract
This report describes the key policies for Mali to succeed leveraging growth with export diversification. For many decades, Mali has been a commodity-dependent country, mainly relying on gold and, to a lesser extent, cotton. However, the experience of other countries, in Africa and other parts of the world, shows that large scale production of minerals and oil resources offers great opportunities, but also presents major shortcomings. These are: tendency to growth beyond potential in cycles of booming prices; high GDP growth volatility that translates into a fragile fiscal stance; a resource curse that favors production of non-tradable goods; and a growth pattern biased toward rent-seeking activities, which prevents expansion of competitive activities creation of abundant and better jobs. Mali is no exception to this. Mali needs to structurally transform itself to accelerate growth and reach its vision, Mali 2025. The Government of Mali does not have a choice: without adequate jobs by 2025, Mali’s burgeoning youth population will foment more violence in an already fragile economy and keep investors away. Hence, it has outlined a strategy to achieve this vision centered on the diversification of its economy (and exports) away from natural resource-based commodities.
en
dc.identifier
http://documents.worldbank.org/curated/en/631411559671220398/Mali-Growth-and-Diversification
dc.identifier.uri
http://hdl.handle.net/10986/31829
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
EXPORT DIVERSIFICATION
dc.subject
EXPORT COMPETITIVENESS
dc.subject
INDUSTRIALIZATION
dc.subject
EMPLOYMENT
dc.subject
PRODUCTIVITY
dc.subject
TRADE REFORM
dc.subject
PUBLIC INVESTMENT
dc.subject
BUSINESS ENVIRONMENT
dc.subject
TRADE LOGISTICS
dc.subject
SESAME SEEDS
dc.subject
CASHEW NUTS
dc.subject
GLOBAL VALUE CHAIN
dc.title
Mali Growth and Diversification
en
dc.type
Report
en
okr.date.disclosure
2019-06-04
okr.doctype
Economic & Sector Work
okr.doctype
Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study
okr.docurl
http://documents.worldbank.org/curated/en/631411559671220398/Mali-Growth-and-Diversification
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b086d381e7_1_0
okr.identifier.internaldocumentum
31122427
okr.identifier.report
AUS0000825
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/631411559671220398/pdf/Mali-Growth-and-Diversification.pdf
en
okr.region.administrative
Africa
okr.region.country
Mali
okr.topic
International Economics and Trade :: Export Competitiveness
okr.topic
International Economics and Trade :: Trade Facilitation
okr.topic
International Economics and Trade :: Trade Policy
okr.topic
International Economics and Trade :: Trade Technology and Productivity
okr.topic
International Economics and Trade :: Trade and Transport
okr.unit
West Africa (GMTA2)

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