Technology Trap And Poverty Trap In Sub Saharan Africa

Author : Hippolyte Fofack
Publisher : World Bank Publications
Page : 34 pages
File Size : 46,6 Mb
Release : 2012
Category : Electronic
ISBN : 8210379456XXX

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Technology Trap and Poverty Trap in Sub-saharan Africa by Hippolyte Fofack Pdf

Since the industrial revolution, advances in science and technology have continuously accounted for most of the growth and wealth accumulation in leading industrialized economies. In recent years, the contribution of technological progress to growth and welfare improvement has increased even further, especially with the globalization process which has been characterized by exponential growth in exports of manufactured goods. This paper establishes the existence of a technology trap in Sub-Saharan Africa. It shows that the widening income and welfare gap between Sub-Saharan Africa and the rest of world is largely accounted for by the technology trap responsible for the poverty trap. This result is supported by empirical evidence which suggests that if countries in Sub-Saharan Africa were using the same level of technology enjoyed by industrialized countries income levels in Sub-Saharan Africa would be significantly higher. The result is robust, even after controlling for institutional, macroeconomic instability and volatility factors. Consistent with standard one-sector neoclassical growth models, this suggests that uniform convergence to a worldwide technology frontier may lead to income convergence in the spherical space. Overcoming the technology trap in Sub-Saharan Africa may therefore be essential to achieving the Millennium Development Goals and evolving toward global convergence in the process of economic development.

Author : Hippolyte Fofack
Publisher : Unknown
Page : 34 pages
File Size : 55,7 Mb
Release : 2016
Category : Electronic
ISBN : OCLC:1290702624

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Technology Trap and Poverty Trap in Sub-Saharan Africa by Hippolyte Fofack Pdf

Since the industrial revolution, advances in science and technology have continuously accounted for most of the growth and wealth accumulation in leading industrialized economies. In recent years, the contribution of technological progress to growth and welfare improvement has increased even further, especially with the globalization process which has been characterized by exponential growth in exports of manufactured goods. This paper establishes the existence of a technology trap in Sub-Saharan Africa. It shows that the widening income and welfare gap between Sub-Saharan Africa and the rest of world is largely accounted for by the technology trap responsible for the poverty trap. This result is supported by empirical evidence which suggests that if countries in Sub-Saharan Africa were using the same level of technology enjoyed by industrialized countries income levels in Sub-Saharan Africa would be significantly higher. The result is robust, even after controlling for institutional, macroeconomic instability and volatility factors. Consistent with standard one-sector neoclassical growth models, this suggests that uniform convergence to a worldwide technology frontier may lead to income convergence in the spherical space. Overcoming the technology trap in Sub-Saharan Africa may therefore be essential to achieving the Millennium Development Goals and evolving toward global convergence in the process of economic development.

Author : Roberto Moro Visconti
Publisher : ibidem-Verlag / ibidem Press
Page : 644 pages
File Size : 43,5 Mb
Release : 2014-06-01
Category : Business & Economics
ISBN : 9783838265629

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From Microfinance to Business Planning: Escaping Poverty Traps by Roberto Moro Visconti Pdf

This ground-breaking book shows how innovative microfinance solutions can help billions to avoid ‚poverty traps‘ and escape atavistic misery. While the success of microfinance has globally exceeded even the wildest expectations, there are still many obstacles – above all the lack of proper business planning on the side of the borrowers. Here Moro Visconti‘s important book comes to aid, offering bottom-up development strategies for micro-credit-driven startups and beyond. His forceful analysis of poverty traps and the practical guidelines given (including business plan templates as Excel sheets) are designed to help practitioners and analysts alike in understanding and reaching the true potential of microfinance.

Author : Dr Sheereen Banon Fauzel
Publisher : Archers & Elevators Publishing House
Page : 162 pages
File Size : 40,5 Mb
Release : 2024-06-28
Category : Antiques & Collectibles
ISBN : 9789386501608

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FDI in Mauritius and Sub Saharan Africa: Assessing the spillovers effect in a dynamic framework by Dr Sheereen Banon Fauzel Pdf

Author : Miria Pigato,Simon Black,Damien Dussaux,Zhimin Mao,Ryan Rafaty,Simon Touboul
Publisher : World Bank Publications
Page : 231 pages
File Size : 46,6 Mb
Release : 2020-04-09
Category : Business & Economics
ISBN : 9781464815003

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Technology Transfer and Innovation for Low-Carbon Development by Miria Pigato,Simon Black,Damien Dussaux,Zhimin Mao,Ryan Rafaty,Simon Touboul Pdf

Technological revolutions have increased the world’s wealth unevenly and in ways that have accelerated climate change. This report argues that achieving The Paris Agreement’s objectives would require a massive transfer of existing and commercially proven low-carbon technologies (LCT) from high-income to developing countries where the bulk of future emissions is expected to occur. This mass deployment is not only a necessity but also an opportunity: Policies to deploy LCT can help countries achieve economic and other development objectives, like improving human health, in addition to reducing greenhouse gases (GHGs). Additionally, LCT deployment offers an opportunity for countries with sufficient capabilities to benefit from participation in global value chains and produce and export LCTs. Finally, the report calls for a greater international involvement in supporting the poorest countries, which have the least access to LCT and finance and the most underdeveloped physical, technological, and institutional capabilities that are essential to benefit from technology.

Author : Howard White,Tony Killick,Steve Kayizzi-Mugerwa
Publisher : World Bank Publications
Page : 172 pages
File Size : 45,7 Mb
Release : 2001-01-01
Category : Business & Economics
ISBN : 0821348671

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African Poverty at the Millennium by Howard White,Tony Killick,Steve Kayizzi-Mugerwa Pdf

This explores the complex nature of poverty in Africa. It identifies its political and social causes and assesses the impact of recent economic growth on the welfare of poor people. To permanently reduce poverty, it calls for realistic, home-grown policy initiative, governmental commitment, a realignment of the donor community's role, and the development of institutional structures, such as poverty monitoring systems, that can hold the governments accountable.

Author : Aidar Abdychev,Cristian Alonso,Mr.Emre Alper,Mr.Dominique Desruelle,Siddharth Kothari,Yun Liu,Mathilde Perinet,Sidra Rehman,Mr.Axel Schimmelpfennig
Publisher : International Monetary Fund
Page : 59 pages
File Size : 48,6 Mb
Release : 2018-12-17
Category : Business & Economics
ISBN : 9781498306812

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The Future of Work in Sub-Saharan Africa by Aidar Abdychev,Cristian Alonso,Mr.Emre Alper,Mr.Dominique Desruelle,Siddharth Kothari,Yun Liu,Mathilde Perinet,Sidra Rehman,Mr.Axel Schimmelpfennig Pdf

Far-reaching changes in technology, climate, and global economic integration are transforming the world of work in ways that we do not yet fully understand. Will the swift technological advances of the Fourth Industrial Revolution raise the standards of living for everyone? Or will robots massively displace workers leading to a jobless future where only a few benefit from the fruits of innovation? Will mitigation efforts be able to cushion the adverse effects of climate change, including food shortages and mass migration, which would place extra pressure on urban labor markets? Will countries continue to integrate commercially and financially, fostering growth and employment? Or will trade wars become a norm in a world increasingly fragmented and inward-looking? In sub-Saharan Africa, these uncertainties meet a dramatic increase in population and a rapid expansion in the labor force, which is becoming increasingly urban.

Author : Manfred Hafner,Simone Tagliapietra
Publisher : Springer Nature
Page : 398 pages
File Size : 47,6 Mb
Release : 2020-06-09
Category : Political Science
ISBN : 9783030390662

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The Geopolitics of the Global Energy Transition by Manfred Hafner,Simone Tagliapietra Pdf

The world is currently undergoing an historic energy transition, driven by increasingly stringent decarbonisation policies and rapid advances in low-carbon technologies. The large-scale shift to low-carbon energy is disrupting the global energy system, impacting whole economies, and changing the political dynamics within and between countries. This open access book, written by leading energy scholars, examines the economic and geopolitical implications of the global energy transition, from both regional and thematic perspectives. The first part of the book addresses the geopolitical implications in the world’s main energy-producing and energy-consuming regions, while the second presents in-depth case studies on selected issues, ranging from the geopolitics of renewable energy, to the mineral foundations of the global energy transformation, to governance issues in connection with the changing global energy order. Given its scope, the book will appeal to researchers in energy, climate change and international relations, as well as to professionals working in the energy industry.

Author : Christopher B. Barrett,Michael Carter,Jean-Paul Chavas,Michael R. Carter
Publisher : University of Chicago Press
Page : 425 pages
File Size : 46,8 Mb
Release : 2018-12-07
Category : Business & Economics
ISBN : 9780226574301

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The Economics of Poverty Traps by Christopher B. Barrett,Michael Carter,Jean-Paul Chavas,Michael R. Carter Pdf

What circumstances or behaviors turn poverty into a cycle that perpetuates across generations? The answer to this question carries especially important implications for the design and evaluation of policies and projects intended to reduce poverty. Yet a major challenge analysts and policymakers face in understanding poverty traps is the sheer number of mechanisms—not just financial, but also environmental, physical, and psychological—that may contribute to the persistence of poverty all over the world. The research in this volume explores the hypothesis that poverty is self-reinforcing because the equilibrium behaviors of the poor perpetuate low standards of living. Contributions explore the dynamic, complex processes by which households accumulate assets and increase their productivity and earnings potential, as well as the conditions under which some individuals, groups, and economies struggle to escape poverty. Investigating the full range of phenomena that combine to generate poverty traps—gleaned from behavioral, health, and resource economics as well as the sociology, psychology, and environmental literatures—chapters in this volume also present new evidence that highlights both the insights and the limits of a poverty trap lens. The framework introduced in this volume provides a robust platform for studying well-being dynamics in developing economies.

Author : Célestin Monga,Justin Yifu Lin
Publisher : OUP Oxford
Page : 608 pages
File Size : 40,5 Mb
Release : 2015-07-02
Category : Business & Economics
ISBN : 9780191510755

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The Oxford Handbook of Africa and Economics by Célestin Monga,Justin Yifu Lin Pdf

For a long time, economic research on Africa was not seen as a profitable venture intellectually or professionally-few researchers in top-ranked institutions around the world chose to become experts in the field. This was understandable: the reputation of Africa-centered economic research was not enhanced by the well-known limitations of economic data across the continent. Moreover, development economics itself was not always fashionable, and the broader discipline of economics has had its ups and downs, and has been undergoing a major identity crisis because it failed to predict the Great Recession. Times have changed: many leading researchers-including a few Nobel laureates-have taken the subject of Africa and economics seriously enough to devote their expertise and creativity to it. They have been amply rewarded: the richness, complexities, and subtleties of African societies, civilizations, rationalities, and ways of living, have helped renew the humanities and the social sciences-and economics in particular-to the point that the continent has become the next major intellectual frontier to researchers from around the world. In collecting some of the most authoritative statements about the science of economics and its concepts in the African context, this lhandbook (the first of two volumes) opens up the diverse acuity of commentary on exciting topics, and in the process challenges and stimulates the quest for knowledge. Wide-ranging in its scope, themes, language, and approaches, this volume explores, examines, and assesses economic thinking on Africa, and Africa's contribution to the discipline. The editors bring a set of powerful resources to this endeavor, most notably a team of internationally-renowned economists whose diverse viewpoints are complemented by the perspectives of philosophers, political scientists, and anthropologists.

Author : Christopher S. Collins
Publisher : Cambria Press
Page : 254 pages
File Size : 54,5 Mb
Release : 2011
Category : Business & Economics
ISBN : 9781604977257

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Higher Education and Global Poverty by Christopher S. Collins Pdf

This study is founded on several case studies which examine countries, including Thailand and Uganda, where impact analyses were done on World Bank loans dedicated to the expansion of higher education in science and technology. These two countries were chosen because they are in two different regions with dissimilar colonial histories and their loans are relatively recent. A case study on crossborder university partnerships also provides a model which other universities and development agencies may utilize when positioning higher education as a poverty reduction strategy. Delivering extensive frontline information on education, international development, and the challenges that follow, this book also includes a review of poverty reduction strategies as well as a theoretical framework that covers colonialism, development, and indigenous knowledge. This research conducted on the World Bank and the impact of its policies in two developing countries offers primary source information on work related to the topic. A major portion of the book looks at the effort put forth by U.S. universities in partnership with universities in developing countries for the purpose of using knowledge creation and dissemination as a poverty reduction strategy. The policy recommendations presented are useful for international development agencies like the World Bank, and the model demonstrated can be used by universities interested in cross-border partnerships across lines of economic development. This book will be invaluable to educational researchers, qualitative and ethnographic researchers, international development specialists, and scholars in international education.

Author : Alexander W. Wiseman,C. C. Wolhuter
Publisher : Emerald Group Publishing
Page : 519 pages
File Size : 50,8 Mb
Release : 2013-10-21
Category : Education
ISBN : 9781781906996

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Development of Higher Education in Africa by Alexander W. Wiseman,C. C. Wolhuter Pdf

This volume of the International Perspectives on Education and Society series investigates the challenges and prospects for higher education in Africa, especially issues of development, expansion, internationalization, equity, and divergence.

Author : Rajib Bhattacharyya
Publisher : Emerald Group Publishing
Page : 296 pages
File Size : 49,5 Mb
Release : 2019-11-26
Category : Business & Economics
ISBN : 9781789739992

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The Gains and Pains of Financial Integration and Trade Liberalization by Rajib Bhattacharyya Pdf

Geared towards policy makers, researchers, academics, and business and management professionals, The Gains and Pains of Financial Integration and Trade Liberalization helps readers develop new theories and models for analysing the future trends in finance and trade-related issues.

Author : Martha Garcia-Murillo,Ian MacInnes,Andrea Renda
Publisher : Edward Elgar Publishing
Page : 405 pages
File Size : 54,8 Mb
Release : 2024-02-12
Category : Computers
ISBN : 9781800889972

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Handbook of Artificial Intelligence at Work by Martha Garcia-Murillo,Ian MacInnes,Andrea Renda Pdf

With the advancement in processing power and storage now enabling algorithms to expand their capabilities beyond their initial narrow applications, technology is becoming increasingly powerful. This highly topical Handbook provides a comprehensive overview of the impact of Artificial Intelligence (AI) on work, assessing its impact on an array of economic sectors, their resulting nature of work, and the subsequent policy implications of these changes.

Author : Mr.Amadou N Sy,Mr.Rodolfo Maino,Mr.Alexander Massara,Hector Perez Saiz,Preya Sharma
Publisher : International Monetary Fund
Page : 61 pages
File Size : 43,5 Mb
Release : 2019-02-14
Category : Business & Economics
ISBN : 9781484385661

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FinTech in Sub-Saharan African Countries by Mr.Amadou N Sy,Mr.Rodolfo Maino,Mr.Alexander Massara,Hector Perez Saiz,Preya Sharma Pdf

FinTech is a major force shaping the structure of the financial industry in sub-Saharan Africa. New technologies are being developed and implemented in sub-Saharan Africa with the potential to change the competitive landscape in the financial industry. While it raises concerns on the emergence of vulnerabilities, FinTech challenges traditional structures and creates efficiency gains by opening up the financial services value chain. Today, FinTech is emerging as a technological enabler in the region, improving financial inclusion and serving as a catalyst for the emergence of innovations in other sectors, such as agriculture and infrastructure.