TAG: Cote d'Ivoire
Over the past five years, Côte d’Ivoire has enjoyed one of the highest economic growth rates in the region. This is down to a combination of factors, including monetary policy stability, significant public investment in infrastructure and, more recently, a recovery in both the agriculture and mining sectors. While there are some headwinds that risk slowing this growth – including low financial intermediation rates, income inequality and a continued dependence on raw commodity exports – Côte d’Ivoire appears to have so far avoided the slowdown that has affected many other economies in the region.
“The bigger they are, the harder they fall” is an adage familiar to anyone who played sports in their youth – or at least those who looked worryingly at an opponent who had clearly gone through a growth spurt a few years early.