Race to the Next Income Frontier: How Senegal and Other Low-Income Countries Can Reach the Finish Line

Please join us for the launch of a new book published by the International Monetary Fund, Race to the Next Income Frontier: How Senegal and Other Low-Income Countries Can Reach the Finish Line. Following remarks from IMF Managing Director Christine Lagarde, the panel will discuss the political economy of reform.

Race to the Next Income Frontier explores economic transformation and diversification, using Senegal as an example. In many low-income countries rent seeking and patronage have generated stability at the expense of inclusive growth and have held back development. Policymakers know what is needed to address these problems and put good policies in place, but how to do it remains a challenge. This book examines how to navigate the political economy of reform to achieve economic transformation.