Growth In Sub Saharan Africa

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Growth In Sub Saharan Africa

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Author : Mr.Dhaneshwar Ghura
language : en
Publisher: International Monetary Fund
Release Date : 1995-12-01

Growth In Sub Saharan Africa written by Mr.Dhaneshwar Ghura and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-12-01 with Business & Economics categories.

The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public policies that lower the budget deficit in relation to GDP (without reducing government investment), reduce the rate of inflation, maintain external competitiveness, promote structural reforms, encourage human capital development, and slow population growth; and (iii) convergence of per capita income occurs after controlling for human capital development and public policies.

Adjustment And Growth In Sub Saharan Africa

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Author : Mr.Anupam Basu
language : en
Publisher: International Monetary Fund
Release Date : 1999-04-01

Adjustment And Growth In Sub Saharan Africa written by Mr.Anupam Basu and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-04-01 with Business & Economics categories.

This paper analyzes the factors affecting economic growth in sub-Saharan Africa, using data for 1981–97. The results indicate that per capita real GDP growth is positively influenced by economic policies that raise the ratio of private investment to GDP, promote human capital development, lower the ratio of the budget deficit to GDP, safeguard external competitiveness, and stimulate export volume growth. The favorable evolution of these variables played an important role in the region’s apparent postreform recovery of 1995–97. The paper also discusses a policy framework to promote sustainable economic growth and reduce poverty in sub-Saharan Africa

Promoting Growth In Sub Saharan Africa

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Author : Mr.Anupam Basu
language : en
Publisher: International Monetary Fund
Release Date : 2000-10-02

Promoting Growth In Sub Saharan Africa written by Mr.Anupam Basu and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-10-02 with Business & Economics categories.

Africa is the world’s poorest continent, but amid all the bad news, there is hope for change. This pamphlet examines the lessons to be learned from some of the more successful economies south of the Sahara, and discusses a policy framework to promote sustainable economic growth and reduce poverty across the region.

Measuring Financial Development In Sub Saharan Africa

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Author : Mr.Enrique Gelbard
language : en
Publisher: International Monetary Fund
Release Date : 1999-08-01

Measuring Financial Development In Sub Saharan Africa written by Mr.Enrique Gelbard and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-08-01 with Business & Economics categories.

This study introduces an index for measuring financial development and a set of six indices representing key characteristics of the financial systems in 38 sub-Saharan African countries. The results show that these countries have made good progress in improving and modernizing their financial systems during the last decade, particularly with regard to financial liberalization and the adoption of indirect instruments of monetary policy. In many countries, however, the range of financial products remains extremely limited, interest rate spreads are wide, capital adequacy ratios are insufficient, judicial loan recovery is a problem, and the share of nonperforming loans is large.

Growth In Sub Saharan Africa

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Author : Dhaneshwar Ghura
language : en
Publisher:
Release Date : 2006

Growth In Sub Saharan Africa written by Dhaneshwar Ghura and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.

The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public policies that lower the budget deficit in relation to GDP (without reducing government investment), reduce the rate of inflation, maintain external competitiveness, promote structural reforms, encourage human capital development, and slow population growth; and (iii) convergence of per capita income occurs after controlling for human capital development and public policies.

Renewing Development In Sub Saharan Africa

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Author : Deryke Belshaw
language : en
Publisher: Routledge
Release Date : 2005-06-29

Renewing Development In Sub Saharan Africa written by Deryke Belshaw and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-06-29 with Political Science categories.

Renewing Development in Sub-Saharan Africa reviews the debates and brings together specialist contributions, to provide a clear guide to the major complexities of African development. They lay the foundation for designing a range of individual country-specific policy-sets, in which the strategic components are prioritized according to each country's constraints and opportunities. The emphasis of the book is on the identification of effective strategies that will enable individual countries to most effectively exploit their growth opportunities and to meet poverty-reducing and other key equity objectives.

Sources Of Growth In Sub Saharan Africa

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Author : Emmanuel Brou Aka
language : en
Publisher: INTERNATIONAL MONETARY FUND
Release Date : 2004-09-01

Sources Of Growth In Sub Saharan Africa written by Emmanuel Brou Aka and has been published by INTERNATIONAL MONETARY FUND this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-09-01 with categories.

Analysis of 1960-2002 data shows that average real GDP growth in sub-Saharan Africa was low and decelerated continuously before starting to recover in the second part of the 1990s. Growth was driven primarily by factor accumulation with little role for total factor productivity (TFP) growth. The recent pickup in economic growth was accompanied by an increase in TFP growth, namely in the group of countries whose IMF-supported programs were judged to be on track. Average annual growth in the region, at 3½ percent during 1997-2002, is less than half of the estimated growth needed to halve the fraction of population living below $1 per day between 1990 and 2015, one of the Millennium Development Goals.

Growth And Poverty In Sub Saharan Africa

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Author : Channing Arndt
language : en
Publisher: Oxford University Press
Release Date : 2016

Growth And Poverty In Sub Saharan Africa written by Channing Arndt and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Business & Economics categories.

"A study prepared by the United Nations University World Institute for Development Economics Research (UNU-WIDER)."

Sustaining And Accelerating Pro Poor Growth In Africa

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Author : Mr.Kevin Joseph Carey
language : en
Publisher: International Monetary Fund
Release Date : 2006-02-28

Sustaining And Accelerating Pro Poor Growth In Africa written by Mr.Kevin Joseph Carey and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-02-28 with Business & Economics categories.

Growth in sub-Saharan Africa has recently shown signs of improvement, but is still short of levels needed to attain the Millennium Development Goals. Economists have placed increasing emphasis on understanding the policies that promote sustained jumps in medium-term growth, and the paper applies this approach to African countries. The evidence presented finds an important growth-supporting role for particular kinds of institutions and policies, but also highlights aspects of growth that are still not well understood. The paper includes policy guidance for ensuring that the poor benefit from growth.

Regional Growth Spillovers In Sub Saharan Africa

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Author : Francisco Arizala
language : en
Publisher: International Monetary Fund
Release Date : 2019-07-24

Regional Growth Spillovers In Sub Saharan Africa written by Francisco Arizala and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-24 with Business & Economics categories.

This paper documents the steady increase in intraregional trade in sub-Saharan Africa since 1980, links this rise to important growth spillovers in the region, and identifies the main source countries and those most vulnerable to the economic conditions of others. Estimates show that in the short run, positive idiosyncratic shocks to regional trading partners’ growth significantly increase growth in the average sub-Saharan African country, while in the long-run the annual impact of growth in regional trading partner’s is smaller in magnitude. Policy implications including the need to support further continent-wide integration and the associated growth spillovers are discussed. Actions policymakers in sub-Saharan Africa can take to capture the benefits of these spillovers, while limiting exposure to the associated risks, are also proposed.