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Growth in Senegal: A lost opportunity?.

By: Berthelemy, Jean-Claude; Seck, Abdoulaye; Vourc'h, Ann.
Material type: materialTypeLabelBookPublisher: Paris : OECD, 1996Subject(s): Economic Growth | Senegal -- Economic conditions -- Economic aid//agriculture//policy/. -- Senegal -- Economic conditions -- Economic aid//agriculture//policy/. -- Senegal -- Economic conditions -- Economic aid//agriculture//policySummary: This study demonstrates how early promise turned into lost opportunities and how the country came to rely on aid instead of investment. The authors demonstrate the importance of a functioning financial sector, which in Senegal, degenerated rather than grew in line with development expectations and needs. Drawing on their analysis, they make a number of policy recommendations, demonstrating that all is not yet lost for Senegal but some radical adjustments need to and can be made.
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This study demonstrates how early promise turned into lost opportunities and how the country came to rely on aid instead of investment. The authors demonstrate the importance of a functioning financial sector, which in Senegal, degenerated rather than grew in line with development expectations and needs. Drawing on their analysis, they make a number of policy recommendations, demonstrating that all is not yet lost for Senegal but some radical adjustments need to and can be made.

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