The sizeable increase in income inequality experienced in advanced economies and many parts of the world since the 1990s and the severe consequences of the global economic and financial crisis have brought distributional issues to the top of the policy agenda.
Senegal’s recent growth performance from the perspective of its poverty-reducing and distributional characteristics has been mixed. Poverty has fallen in the last two decades, although poverty reduction has slowed significantly in recent years.
Despite its vast oil wealth, central Africa still struggles to sustain strong, inclusive economic growth or to generate sufficient employment opportunities, particularly for its fast-growing youth population.
The report covers the work of the IMF's Executive Board and contains financial statements for the year May 1, 2014, to April 30, 2015.
This book looks at inclusive growth policies to address inequality in commodity-exporting countries, particularly natural resource rich countries.