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    Growth and Poverty in Sub-Saharan Africa

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    Contributor(s)
    Arndt, Channing (editor)
    McKay, Andy (editor)
    Tarp, Finn (editor)
    Language
    English
    Show full item record
    Abstract
    While the economic growth renaissance in sub-Saharan Africa is widely recognized, much less is known about progress in living conditions. This book comprehensively evaluates trends in living conditions in 16 major sub-Saharan African countries, corresponding to nearly 75% of the total population. A striking diversity of experience emerges. While monetary indicators improved in many countries, others are yet to succeed in channeling the benefits of economic growth into the pockets of the poor. Some countries experienced little economic growth, and saw little material progress for the poor. At the same time, the large majority of countries have made impressive progress in key non-monetary indicators of wellbeing. Overall, the African growth renaissance earns two cheers, but not three. While gains in macroeconomic and political stability are real, they are also fragile. Growth on a per capita basis is much better than in the 1980s and 1990s, yet not rapid compared with other developing regions. Importantly from a pan-African perspective, key economies-particularly Kenya, Nigeria, and South Africa-are not among the better performers. Looking forward, realistic expectations are required. The development process is, almost always, a long hard slog. Nevertheless, real and durable factors appear to be at play on the sub-continent with positive implications for growth and poverty reduction in future.
    URI
    http://library.oapen.org/handle/20.500.12657/32738
    Keywords
    sub-saharan africa; economic growth; living conditions; poor; development; poverty; wellbeing; Consumer price index; Gross domestic product; Inflation; Rural area
    DOI
    10.1093/acprof:oso/9780198744795.001.0001
    ISBN
    9780198744795
    OCN
    921238559
    Publisher
    Oxford University Press
    Publisher website
    https://global.oup.com/
    Publication date and place
    Oxford, UK, 2016
    Grantor
    • UNU WIDER
    Series
    WIDER Studies in Development Economics,
    Classification
    Economic growth
    Development economics and emerging economies
    Pages
    528
    Public remark
    Relevant Wikipedia pages: Consumer price index - https://en.wikipedia.org/wiki/Consumer_price_index; Economic growth - https://en.wikipedia.org/wiki/Economic_growth; Gross domestic product - https://en.wikipedia.org/wiki/Gross_domestic_product; Inflation - https://en.wikipedia.org/wiki/Inflation; Poverty - https://en.wikipedia.org/wiki/Poverty; Poverty threshold - https://en.wikipedia.org/wiki/Poverty_threshold; Rural area - https://en.wikipedia.org/wiki/Rural_area
    Rights
    https://creativecommons.org/licenses/by-nc-sa/3.0/
    • Imported or submitted locally

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    License

    • If not noted otherwise all contents are available under Attribution 4.0 International (CC BY 4.0)

    Credits

    • logo EU
    • This project received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 683680, 810640, 871069 and 964352.

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