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Biblioteca Growth Poles Program : Political Economy of Social Capital

Growth Poles Program : Political Economy of Social Capital

Growth Poles Program : Political Economy of Social Capital

Resource information

Date of publication
Junio 2014
Resource Language
ISBN / Resource ID
oai:openknowledge.worldbank.org:10986/18733

The Government of Sierra Leone (GosL)
and the World Bank (WB) have agreed upon the design and
implementation of a growth poles program (GPP) in support of
the agenda for prosperity (A4P), the GoSL's third
poverty reduction strategy paper (PRSPIII). With support
from the European Union competitive industries and
innovation practice trust fund, the WB has been undertaking
a series of scoping and diagnostic analyses on the GPP since
early 2013, and to date this work has constituted the main
part of the first phase of the approach (the initial
diagnostic stage). This diagnostic work was completed in
August 2013 and the diagnostic report confirmed that the
growth pole approach can feasibly support and facilitate
economic development in two geographical areas of the
country. This analytical report attempts to provide a window
into the undercurrents and the nuances that affect and shape
the characteristics of host communities into which
investment takes place. The report also highlights the
various input considerations that need to be acknowledged
(land, labor, community relations), the governance framework
into which the future growth poles approach will fit -
central, local, and community and finally concludes with a
series of recommendations around key policy, institutional,
cross linkages, and contextual challenges that the growth
poles approach must consider as it attempts to underpin the
government's growth by foreign direct investment agenda.

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