ENGLISH

Sustaining and Sharing Economic Growth in Tanzania (World Bank Country Study)

By Robert J. Utz

Book information

Year
2007
ISBN
0821371959, 9780821371954, 9780821371961
DOI
10.1596/978-0-8213-7195-4
LCC
HC885 .U89 2007
Open Library ID
OL11417010M
Language
english
Format
PDF
Filesize
2 MB (2387159 bytes)
Pages
368\368
Topic
Economy
Time added
2011-06-04 13:46:07

Description

Far reaching macro-economic and structural reforms combined with increases in government spending have been the primary drivers of Tanzania's growth acceleration. As growth in government spending slows, the locomotive for growth will need to shift to increased demand for exports and domestically produced goods, requiring Tanzania to strengthen substantially its international competitiveness, accelerate structural change, and safeguard the environment while maintaining macroeconomic stability. For Tanzania's poor to be able to participate and benefit from important growth, a greater focus on rural development, improved governance of the management of Tanzania's natural resources, and better targeting of social services to the poor is suggested. Successful design and implementation of a shared growth strategy will also require a strengthening of policy management and coordination in Tanzania to ensure that scarce human and financial resources are effectively deployed.

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