Growth In Sub Saharan Africa

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Growth in Sub-Saharan Africa

Author : Mr.Dhaneshwar Ghura,Mr.Michael T. Hadjimichael
Publisher : International Monetary Fund
Page : 32 pages
File Size : 40,9 Mb
Release : 1995-12-01
Category : Business & Economics
ISBN : 9781451855753

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Growth in Sub-Saharan Africa by Mr.Dhaneshwar Ghura,Mr.Michael T. Hadjimichael Pdf

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.

Promoting Growth in Sub-Saharan Africa

Author : Mr.Anupam Basu,Mr.Anthony A. Calamitsis,Mr.Dhaneshwar Ghura
Publisher : International Monetary Fund
Page : 24 pages
File Size : 41,6 Mb
Release : 2000-10-02
Category : Business & Economics
ISBN : 1557759669

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Promoting Growth in Sub-Saharan Africa by Mr.Anupam Basu,Mr.Anthony A. Calamitsis,Mr.Dhaneshwar Ghura Pdf

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.

Adjustment and Growth in Sub-Saharan Africa

Author : Mr.Anupam Basu,Mr.Anthony A. Calamitsis,Mr.Dhaneshwar Ghura
Publisher : International Monetary Fund
Page : 36 pages
File Size : 51,9 Mb
Release : 1999-04-01
Category : Business & Economics
ISBN : 9781451847093

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Adjustment and Growth in Sub-Saharan Africa by Mr.Anupam Basu,Mr.Anthony A. Calamitsis,Mr.Dhaneshwar Ghura Pdf

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

Measuring Financial Development in Sub-Saharan Africa

Author : Mr.Enrique Gelbard,Mr.Sérgio Pereira. Leite
Publisher : International Monetary Fund
Page : 29 pages
File Size : 53,5 Mb
Release : 1999-08-01
Category : Business & Economics
ISBN : 9781451852806

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Measuring Financial Development in Sub-Saharan Africa by Mr.Enrique Gelbard,Mr.Sérgio Pereira. Leite Pdf

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.

Renewing Development in Sub-Saharan Africa

Author : Deryke Belshaw,the late Arthur Ian Livingstone
Publisher : Routledge
Page : 500 pages
File Size : 41,9 Mb
Release : 2005-06-29
Category : Political Science
ISBN : 9781134528530

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Renewing Development in Sub-Saharan Africa by Deryke Belshaw,the late Arthur Ian Livingstone Pdf

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.

The Quality of Growth in Africa

Author : Akbar Noman,Joseph E. Stiglitz,Ravi Kanbur
Publisher : Columbia University Press
Page : 445 pages
File Size : 54,7 Mb
Release : 2019-08-20
Category : Business & Economics
ISBN : 9780231550987

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The Quality of Growth in Africa by Akbar Noman,Joseph E. Stiglitz,Ravi Kanbur Pdf

In recent years, concerns about the outcomes and nature of economic growth have given way to a new emphasis on its quality. This volume brings together prominent international contributors to consider a range of interrelated questions concerning the quality of growth in Africa, with a primary focus on sub-Saharan countries. Contributors discuss the measurement of growth, the transformations necessary to sustain it, and issues around equity and well-being. They consider topics such as the distribution of income gains from growth; the extent to which economic growth has resulted in improvements in employment, poverty, and security; structural transformations of the economy and diversification of the sources of growth; environmental sustainability; and management of urbanization. Offering both diagnoses and prescriptions, The Quality of Growth in Africa helps envision a future that goes beyond increasing GDP to ensuring that growth translates into advancements in well-being. Although the book focuses on sub-Saharan Africa, much of the contributors’ incisive analysis has implications for countries outside the region.

Raising Growth and Investment in Sub-Saharan Africa

Author : Mr.Ernesto Hernández-Catá
Publisher : International Monetary Fund
Page : 27 pages
File Size : 43,6 Mb
Release : 2000-05-01
Category : Political Science
ISBN : 9781451973518

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Raising Growth and Investment in Sub-Saharan Africa by Mr.Ernesto Hernández-Catá Pdf

This paper argues that sub-Saharan Africa’s growth performance needs to be improved substantially in order to raise standards of living to an acceptable level and achieve a visible reduction in poverty. The paper provides a broad overview of the explanations for sub-Saharan Africa’s unsatisfactory growth performance in the past, paying particular attention to the empirical literature. It argues that growth has been hampered by economic distortions and institutional deficiencies that have increased the risk of investing in Africa, and lowered the rates of return on capital and labor as well as the growth of total factor productivity.

Growth and Poverty in Sub-Saharan Africa

Author : Channing Arndt,Andy McKay,Finn Tarp,World Institute for Development Economics Research
Publisher : Oxford University Press
Page : 499 pages
File Size : 47,8 Mb
Release : 2016
Category : Business & Economics
ISBN : 9780198744795

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Growth and Poverty in Sub-Saharan Africa by Channing Arndt,Andy McKay,Finn Tarp,World Institute for Development Economics Research Pdf

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

Growth in Sub-Saharan Africa

Author : Dhaneshwar Ghura
Publisher : Unknown
Page : 32 pages
File Size : 41,7 Mb
Release : 2006
Category : Electronic
ISBN : OCLC:1291213698

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Growth in Sub-Saharan Africa by Dhaneshwar Ghura Pdf

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.

An Economic History of Development in sub-Saharan Africa

Author : Ellen Hillbom,Erik Green
Publisher : Springer
Page : 286 pages
File Size : 46,5 Mb
Release : 2019-06-19
Category : Business & Economics
ISBN : 9783030140083

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An Economic History of Development in sub-Saharan Africa by Ellen Hillbom,Erik Green Pdf

‘This is a desperately needed book. It not only surveys the field of African economic history at the level of undergraduate students, but provides several fresh perspectives, drawing on insights from the latest research on the evolution of African societies and their economic prosperity. This valuable source of teaching material will be the premier text on African economic history for at least the next decade.’ —Johan Fourie, Stellenbosch University, South Africa This upper level textbook offers a historical understanding of sub-Saharan Africa. By looking at the economic history of the African region from before the arrival of European territorial control all the way through to Africa’s integration in the current era of globalisation, readers can understand the development paths for African countries today. Organisation of production, social structures, trade, and governance are key factors in the discussion about African success stories and failures. Suitable reading for upper level undergraduates, MSc and postgraduate students, in addition to policy makers and development practitioners looking for a comprehensive overview of Africa from an economic and social perspective. Hillbom and Green also provide a starting point for the study of African economic history for those who would like to continue their own research in this area.

Economic Growth and Poverty Reduction in Sub-Saharan Africa

Author : Andrew D. McKay,Erik Thorbecke
Publisher : Oxford University Press, USA
Page : 329 pages
File Size : 42,7 Mb
Release : 2015
Category : Business & Economics
ISBN : 9780198728450

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Economic Growth and Poverty Reduction in Sub-Saharan Africa by Andrew D. McKay,Erik Thorbecke Pdf

Based on the results of a major collaborative research project led by the African Economics Research Consortium.

Growth Breaks and Growth Spells in Sub-Saharan Africa

Author : Francisco Arizala,Mr.Jesus R Gonzalez-Garcia,Mr.Charalambos G Tsangarides,Mustafa Yenice
Publisher : International Monetary Fund
Page : 37 pages
File Size : 43,7 Mb
Release : 2017-09-08
Category : Business & Economics
ISBN : 9781484319550

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Growth Breaks and Growth Spells in Sub-Saharan Africa by Francisco Arizala,Mr.Jesus R Gonzalez-Garcia,Mr.Charalambos G Tsangarides,Mustafa Yenice Pdf

This paper examines the growth performance of sub-Saharan African countries since 1960 through the lens of growth turning points (accelerations and decelerations) and periods of sustained growth (growth spells). Growth accelerations are generally associated with improved external conditions, increased investment and trade openness, declines in inflation, better fiscal balances, and improvements in the institutional environment. Transitioning from growth accelerations to growth spells often requires additional efforts beyond what is needed to trigger an acceleration. Growth spells are sustained by fiscal policy that prevents excessive public debt accumulation, monetary policy geared toward low inflation, outward-oriented trade policies, and structural policies that reduce market distortions, as well as supportive external environment and improvements in democratic institutions. Overall, determinants of growth spells in sub-Saharan Africa are different from those in the rest of the emerging and developing countries.

Sources of Growth in Sub-Saharan Africa

Author : Emmanuel Brou Aka,Bernardin Akitoby,Dhaneshwar Ghura,Amor Tahari
Publisher : INTERNATIONAL MONETARY FUND
Page : 30 pages
File Size : 51,6 Mb
Release : 2004-09-01
Category : Electronic
ISBN : 1451858841

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Sources of Growth in Sub-Saharan Africa by Emmanuel Brou Aka,Bernardin Akitoby,Dhaneshwar Ghura,Amor Tahari Pdf

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.

Sustaining and Accelerating Pro-Poor Growth in Africa

Author : Mr.Kevin Joseph Carey,Mr.Sanjeev Gupta,Ms.Catherine A. Pattillo
Publisher : International Monetary Fund
Page : 100 pages
File Size : 55,8 Mb
Release : 2006-02-28
Category : Business & Economics
ISBN : 9781589064942

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Sustaining and Accelerating Pro-Poor Growth in Africa by Mr.Kevin Joseph Carey,Mr.Sanjeev Gupta,Ms.Catherine A. Pattillo Pdf

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.

Accelerating Catch-up

Author : Anonim
Publisher : World Bank Publications
Page : 214 pages
File Size : 40,7 Mb
Release : 2009
Category : Education
ISBN : 9780821377390

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Accelerating Catch-up by Anonim Pdf

This book lays out a rationale, provides supporting evidence, and suggests promising pathways for Sub-Saharan Africa to sustain current economic growth by aligning its tertiary education systems with national economic strategies and labor market needs.