Senegal: Country Assistance Evaluation (Approach Paper) |
Abstract: Senegal is a small country of 10 million in West Africa with a national income per capita of US$470 (Atlas method) in 2002. With a democratic form of government since the 1960s and a successful transition of power after the 2000 presidential election, Senegal is widely regarded as a stable African democracy, despite the long-standing separatist rebellion in the Casamance region. Owing, in part, to this political stability it has received large amounts of foreign assistance, which reached a peak of US$80 on a per capita basis in 1995. But, until 1994, economic growth was low and erratic. Between
1967 and 1993, per capita income declined at the average rate of 0.4 percent per year and the incidence of poverty rose. This performance reflected both Senegal's mixed record of implementation of economic reform and adjustment strategy in the context of an overvalued exchange rate.
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Report Type:
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Approach Paper |
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Date:
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11/29/2004 |
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Report #:
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N/A |
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Subject:
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Multisector |
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Country:
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Senegal |
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Region:
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Africa |
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Language:
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English |
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Project ID:
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N/A |
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Loan/Credit #:
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N/A |
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