[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108915-en":3,"doc-seo-108915-105":31,"detail-sidebar-cat-0-en-105":93},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},108915,13056703019662,"Evangeline","https://ap-avatar.wpscdn.com/avatar/be000253a8e92610077?_k=1778726343310543188",8,"Research & Report","Guinea-Bissau Country Economic Memorandum - Escaping the Low-Growth Trap - 2020","Guinea-Bissau Country Economic Memorandum examines macroeconomic performance and the forces shaping low growth, linking fragility and political instability to economic outcomes. It analyzes the economic cost of political instability, identifies key sources of fragility and weak governance, and discusses reform options. The report also addresses investment in human capital and foundational skills, providing an education-sector overview to support sustainable trade, investment, and inclusive development priorities.","Public Disclosure Authorized Public Disclosure Authorized  \nEscaping the Low-Growth Trap  \nGuinea-Bissau  \nCountry Economic Memorandum  \nMacroeconomics, Trade and Investment Global Practice AFCF1 Country Management Unit  \nAfrica Region  \nReport No: AUS0001916  \n© 2020 The World Bank  \n1818 H Street NW, Washington DC 20433  \nTelephone: 202-473-1000; [Internet: ](Internet: www.worldbank.org)[www.worldbank.org](Internet: www.worldbank.org)  \nSome rights reserved  \nThis work is a product of the staff of The World Bank. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.  \nRights and Permissions  \nThe material in this work is subject to copyright. Because The World Bank encourages dissemination of its knowledge, this work may be reproduced, in whole or in part, for no ncommercial purposes as long as full attribution to this work is given .  \nAttribution—Please cite the work as follows: World Bank. (July 2020) . Guinea-Bissau Country Economic Memorandum. © World Bank.  \nAll queries on rights and licenses, including subsidiary rights, should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: [pubrights@worldbank.org](pubrights@worldbank.org).  \nAcknowledgments  \nThe Country Economic Memorandum was prepared by a team led by Fiseha Haile(TTLand Economist, EA2M1) . The team included Zenaida Hernandez Uriz (Senior Private Sector Specialist, GFCAC); Emily Elaine Garden (Senior Education Specialist, HAFE2); Rosa Brito Delgado (Economist, EAWM1); Giulio Schinaia (Consultant, EAWM1); Habibu Yaya Bapaah (Consultant, EAWM1); Luiz Felipe Almeida (Consultant, EAWM1); Antonio Manuel Baptista (Consultant, EAWM1); Bienvenue Tien (Consultant, EAWM1); and Josué almeida (Consultant, EAWM1) . Overall guidance was provided by Nathan Belete (Country Director, AFCF1); Lars Christian Moller (Practice Manager, EAWM1);Johan Mistiaen (Program Leader, AFCF1); Christine M. Richaud (Lead Economist, EAWM1); Theo David Thomas (Acting Practice Manager and Lead Economist, EAWM1); and Amadou Omar Ba (Country Representative, AFCF1). Fiona Hinchcliffe (Consultant, GMTA2) provided an excellent editorial support. Maude Jean-Baptiste and MickyO. Ananth provided great administrative and operational assistance, respectively. The team gratefully acknowledges the collaboration with the Government of Guinea Bissau.  \nCover pictures taken from: [https://www.oecd.org/japan/escaping-the-stagnation-trap-policy-options-for](https://www.oecd.org/japan/escaping-the-stagnation-trap-policy-options-for)the-euro-area-and-japan. pdf  \nRegional Vice President: Ousmane Diagana Country Director: Nathan Belete Global Practice Director: Marcelo Estevao  \nPractice Manager: Lars Christian Moller  \nTask Team Leader: Fiseha Haile (TTL)  \nAcronyms  \n\n| AU | African Union |\n| --- | --- |\n| CEM | Country Economic Memorandum |\n| CIMAN | Business Environment Reform Commission |\n| CPLC | Community of Portuguese Language Countries |\n| CSO | Civil society organization |\n| DSSR | Defense and security sector reforms |\n| ECOMIB | ECOWAS Mission in Guinea-Bissau |\n| ECOWAS | Economic Community of West African States |\n| ESP | Education Strategic Plan for 2017-2025 |\n| EU | European Union |\n| FCFA | West African CFA franc |\n| FDI | Foreign direct investment |\n| GEP | Global Economic Prospects |\n| HCI | Human Capital Index |\n| HHS | Harmonized Household Survey |\n| ICT | Information and communications technology |\n| IMF | International Monetary Fund |\n| MICS | Multiple Indicat","cbCaioskK1OEP5xO","https://ap.wps.com/l/cbCaioskK1OEP5xO","pdf",2755136,6,1,104,"English","en",105,"# Overview of Economic Performance\n# Fragility, Political Instability and Economic Growth\n## Introduction\n## The Economic Cost of Political Instability\n## Key Sources of Fragility and Political Instability\n## Why have Fragility and Weak Governance Proven Difficult to Address\n## Options for Reform\n# Investing in Human Capital and Foundational Skills\n## Introduction\n## The Education Sector: A Brief Overview","[{\"question\":\"What main issue does this memorandum address for Guinea-Bissau?\",\"answer\":\"It focuses on escaping the low-growth trap by diagnosing the drivers of weak growth and the constraints created by fragility and political instability.\"},{\"question\":\"How does the report connect political instability to economic performance?\",\"answer\":\"It examines the economic cost of political instability and explains why fragility and weak governance remain difficult to address, outlining relevant sources and mechanisms.\"},{\"question\":\"What is the role of human capital in the report’s recommendations?\",\"answer\":\"It analyzes the need to invest in human capital and foundational skills, including a brief overview of the education sector to support longer-term development.\"}]","Guinea-Bissau Country Economic Memorandum - 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