With nearly half of the population (or approximately 8 million people) living in extreme poverty, Burkina Faso is poised to make inroads in the long and challenging journey to achieve the World Bank Group's overarching twin goals: ending extreme poverty in 2030 and boosting shared prosperity. Every fiscal year since 2015, the Bank has committed more than 300 million dollars of IDA resources in support of development projects in Burkina Faso. The World Bank has also provided a set of timely analytical and advisory services to inform national development strategies and policies in the country.
Caractérisé par une population dont près de la moitié (soit environ 8 millions d’habitants) vit en-dessous du seuil de pauvreté, le Burkina Faso ambitionne de poursuivre sa percée dans ce long et dur chemin vers la réalisation de son double objectif de développement : mettre fin à l’extrême pauvreté d’ici 2030 et promouvoir une prospérité plus inclusive. À chaque exercice financier, la Banque mondiale engage, depuis 2015, plus de 300 millions de dollars des ressources de l’Agence internationale de développement (IDA) en faveur des projets de développement au Burkina Faso. Elle fournit également un ensemble de services composé de travaux analytiques et de conseils stratégiques visant à renseigner les stratégies et politiques nationales de développement dans le pays.
« Dites-moi où vous vivez, et je vous dirai quelles sont vos chances de succès dans la vie. »
Le niveau de bien-être varie-t-il fortement d’une région à l’autre ?
Je ne suis pas devin, mais je sais que le lieu de résidence est le meilleur indicateur pour mesurer le bien-être futur d’un individu. Un enfant qui voit le jour au Togo aujourd’hui vivra probablement 20 ans de moins qu’un enfant né aux États-Unis. En outre, le Togolais gagnera nettement moins d’argent que l’Américain, le premier touchant moins de 3 % du revenu du second.
“Tell me where you live, and I can predict how well you’ll do in life.”
Does welfare vary largely across space?
Although I don’t have a crystal ball, I do know for a fact that location is an excellent predictor of one’s welfare. Indeed, a child born in Togo today is expected to live nearly 20 years less than a child born in the United States. Moreover, this child will earn a tiny fraction—less than 3%—of what his or her American counterpart will earn.
In recent years, growing evidence supports the value of cash transfers. Research demonstrates that cash transfers lead to productive investments (in Kenya, Tanzania, and Zambia), that they improve human capital investments for children (in Burkina Faso, Tanzania, Lesotho, Zambia, and Malawi), and that they don’t get spent on alcohol (all over the world).
At the same time, the vast majority of governments invest large sums in training programs, whether business training for entrepreneurs or vocational training for youth, with the goal of helping to increase incomes and opportunities.
Food price volatility remains a pressing challenge for many African countries (FAO, IMF, and UNCTAD, 2011). The vast majority of Africa’s population still derives a substantial share of their income from agriculture and low-income households allocate a large share of their budget to food (often more than 60 percent). As a result, large and unexpected swings in food prices cause substantial losses in welfare, and when adequate coping strategies are absent, it may even trap households permanently into poverty. It should thus not surprise that food price shocks still feature highly among the reported shocks by households in Sub-Saharan (Nikoloski, Christiaensen, Hill, 2015).
Among African policymakers, the main reasons for high food price volatility in the domestic markets is often thought to be external, i.e. “imported” from the world food markets. However, the sources may also be domestic, for example when markets are poorly integrated internally. Under the “Agriculture in Africa – Telling Facts from Myths” project, data collected by the Société Nationale de Gestion du Stock Alimentaire (SONAGESS) on maize prices in 28 markets from Burkina Faso during the 2000s (July 2004-Nov 2013) were analyzed to tease out the extent to which maize price volatility is driven by domestic rather than external factors. Over the past decades, maize has become the most marketed and exported cereal in Burkina Faso. It now accounts for 31% of grain production, against only 7% three decades ago, and represents the second source of income for farmers, after cotton.
For economists, it is borderline redundant to say that corruption has economic origins—classic and contemporary work has long held the belief that higher salaries are better for corruption. Due to the obvious difficulties of doing real policy reform in developing countries however, researchers and policy makers have seen little evidence that sheds light on this statement; especially in African countries where salaries are often low and where corruption is still a great concern.
- Burkina Faso
- Cabo Verde
- Central African Republic
- Congo, Democratic Republic of
- Congo, Republic of
- Equatorial Guinea
- Gambia, The
- Sao Tome and Principe
- Sierra Leone
- South Africa
- South Sudan
- Cote d'Ivoire
- King Baudouin African Development Prize