Sustaining Growth Accelerations And Pro Poor Growth In Africa
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Sustaining Growth Accelerations And Pro Poor Growth In Africa
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Author : Mr.Kevin Joseph Carey
language : en
Publisher: INTERNATIONAL MONETARY FUND
Release Date : 2005-10-01
Sustaining Growth Accelerations And 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 2005-10-01 with Business & Economics categories.
Are improvements in growth in Sub-Saharan Africa (SSA) since the mid-1990s sustainable? What types of growth strategies contribute the most to reducing poverty? This paper examines these questions in four stages. First, it explores the factors contributing to the post- 1995 improvement in growth. Second, to shed some light on factors associated with substantial jumps in growth rates that are sustained in the medium term, an analysis of the correlates of growth accelerations is presented. Third, the paper examines the consistency of the SSA data with some important predictions from the literature directly linking such areas as fiscal policy, financial development, or institutions and growth. Fourth, it reviews recent evidence regarding lessons on the type of growth process that is most effective at raising the incomes of the poor.
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.
The East African Community
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Author : Ms.Catherine McAuliffe
language : en
Publisher: International Monetary Fund
Release Date : 2012-11-14
The East African Community written by Ms.Catherine McAuliffe 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 2012-11-14 with Business & Economics categories.
The East African Community (EAC) has been among the fastest growing regions in sub-Saharan Africa in the past decade or so. Nonetheless, the recent growth path will not be enough to achieve middle-income status and substantial poverty reduction by the end of the decade—the ambition of most countries in the region. This paper builds on methodologies established in the growth literature to identify a group of countries that achieved growth accelerations and sustained growth to use as benchmarks to evaluate the prospects, and potential constraints, for EAC countries to translate their recent growth upturn into sustained high growth. We find that EAC countries compare favorably to the group of sustained growth countries—macroeconomic and government stability, favorable business climate, and strong institutions—but important differences remain. EAC countries have a smaller share of exports, lower degree of financial deepening, lower levels of domestic savings, higher reliance on donor aid, and limited physical infrastructure and human capital. Policy choices to address some of these shortcomings could make a difference in whether the EAC follows the path of sustained growth or follows other countries where growth upturns later fizzled out.
Africa At A Turning Point
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Author : Delfin Sia Go
language : en
Publisher: World Bank Publications
Release Date : 2008-04-14
Africa At A Turning Point written by Delfin Sia Go and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-14 with Business & Economics categories.
Since the mid-1990s, sub-Saharan Africa has experienced an acceleration of economic growth that has produced rising incomes and faster human development. However, this growth contrasts with the continent's experience between 1975 and 1995, when it largely missed out on two decades of economic progress. This disparity between Africa's current experience and its history raises questions about the continent's development. Is there a turnaround in Africa s economy? Will growth persist? 'Africa at a Turning Point?' is a collection of essays that analyzes three interrelated aspects of Africa's recent revival. The first set of essays examines Africa's recent growth in the context of its history of growth accelerations and collapses. It seeks to answer such questions as, is Africa at a turning point? Are the economic fundamentals finally pointing toward more sustainable growth? The second set of essays looks at donor flows, which play a large role in Africa's growth. These essays focus on such issues as the management and delivery of increased aid, and the history and volatility of donor flows to Africa. The third set of essays considers the recent impact of one persistent threat to sustained growth in Africa: commodity price shocks, particularly those resulting from fluctuations in oil prices.
Dac Guidelines And Reference Series Promoting Pro Poor Growth Policy Guidance For Donors
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2007-02-16
Dac Guidelines And Reference Series Promoting Pro Poor Growth Policy Guidance For Donors written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-02-16 with categories.
Focusing on pro-poor growth and income poverty, Promoting Pro-Poor Growth: Policy Guidance for Donors identifies binding constraints and offers policies and strategies to address them.
Sub Saharan Africa
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Author : World Bank
language : en
Publisher:
Release Date : 1989
Sub Saharan Africa written by World Bank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Business & Economics categories.
3. Investing in people.
Urbanization And Industrialization For Africa S Transformation
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Author :
language : en
Publisher: UN
Release Date : 2017
Urbanization And Industrialization For Africa S Transformation written by and has been published by UN this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Business & Economics categories.
The 2017 Economic Report on Africa focuses on the linkages between industrialization and urbanization. Urbanization is one of Africa mega trends with profound implications for the social, economic, environmental dimensions of growth and transformation. Theory and experience demonstrate that industrialization and urbanization can be mutually reinforcing processes. It is therefore imperative to explore the linkages between urbanization and industrialization given the profound implications for structural transformation in Africa. So far, current policy narratives and frameworks on structural transformation and industrialization in Africa have largely failed to factor in the spatial and urban dimensions of industrialization, and in particular the advantages presented by productivity enhancement and agglomeration effects generated by cities. Yet, the nexus between urbanization and industrialization is of particular relevance for Agenda 2063 and the 2030 Agenda on Sustainable Development. Both agendas recognize urbanization as a critical factor for sustainable development. It is also important to consider urbanization and industrialization in light of Africa's engagement with the Third United Nations Conference on Housing and Sustainable Urban Development (Habitat III) to be held in Quito, Ecuador in October 2016. In this context, African policy makers have clearly recognized urbanization as an engine of structural transformation for inclusive and sustainable growth.
Delivering On The Promise Of Pro Poor Growth
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Author : Timothy Besley
language : en
Publisher: World Bank Publications
Release Date : 2007
Delivering On The Promise Of Pro Poor Growth written by Timothy Besley and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business & Economics categories.
Economic growth is the most important determinant of poverty reduction. But countries with similar rates of growth can experience different poverty reduction rates.
More Growth Or Fewer Collapses A New Look At Long Run Growth In Sub Saharan Africa
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Author : Jorge Saba Arbache
language : en
Publisher: World Bank Publications
Release Date : 2012
More Growth Or Fewer Collapses A New Look At Long Run Growth In Sub Saharan Africa written by Jorge Saba Arbache and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
Low and highly volatile growth define Africa's growth experience. But there is no evidence that growth volatility is associated to long term economic performance. This result may be misleading if it suggests that volatility is not important for economic and social progress. In this paper we use a variant of the method developed by Hausmann, Pritchett, and Rodrik (2005) to identify both growth acceleration and deceleration episodes in Africa between 1975 and 2005. The authors find that Africa has had numerous growth acceleration episodes in the last 30 years, but also nearly a comparable number of growth collapses, offsetting most of the benefits of growth. Had Africa avoided its growth collapses, it would have grown 1.7 percent a year instead of 0.7 percent, and its GDP per capita would have been more than 30 percent higher in 2005. The authors also find that growth accelerations and decelerations have an asymmetric impact on human development outcomes. Finally, our results suggest that it is easier to identify the likely institutional and policy origins of growth decelerations than of growth accelerations.
Economic Growth And Poverty Reduction In Sub Saharan Africa
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Author : Andrew D. McKay
language : en
Publisher: Oxford University Press, USA
Release Date : 2015
Economic Growth And Poverty Reduction In Sub Saharan Africa written by Andrew D. McKay and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Business & Economics categories.
Based on the results of a major collaborative research project led by the African Economics Research Consortium.