Growth and Poverty in Sub-Saharan Africa
Finn Tarp editor Channing Arndt editor Andy McKay editor
Format:Hardback
Publisher:Oxford University Press
Published:14th Apr '16
Currently unavailable, and unfortunately no date known when it will be back
This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. 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.
This book provides the appropriate balance in the analysis of the links between two decades of growth and poverty reduction in sub-Saharan Africa. Relying on very comprehensive and excellent country studies, it is able to show a lot more clearly than others the mainly positive effects of the recent African growth experience. The book brings together good country data, excellent analyses, and solid understanding of local contexts. * Ernest Aryeetey Vice-Chancellor of the University of Ghana *
Africa has been a puzzle for development specialists for well over half a century. From the post-Independence euphoria, when sub-Saharan Africa outperformed Southeast Asia, to the grim reality of failed industrialization strategies and the pain of structural adjustment during the commodity bust of the 1980s and 1990s, to the resurgence of growth after the turn of the Millennium, the Continent has resisted easy answers to even simple questions: are living standards rising or falling? Is economic growth finally having an impact on rural poverty? This volume provides the best possible answers to these questions, * C. Peter Timmer, Harvard University, emeritus *
This book provides the appropriate balance in the analysis of the links between two decades of growth and poverty reduction in sub-Saharan Africa. Relying on very comprehensive and excellent country studies, it is able to show a lot more clearly than others the mainly positive effects of the recent African growth experience. The book brings together good country data, excellent analyses, and solid understanding of local contexts. * Ernest Aryeetey, Vice-Chancellor of the University of Ghana *
This book masterfully combines macroeconomic, microeconomic, and case study approaches in analyzing the complex relationship between growth and poverty in sub-Saharan Africa. It avoids the all-too-common simplistic characterizations of the continent, and instead weaves a balanced, nuanced, and informative narrative of where things have gone relatively well, where they have not, and the multiple forces behind these trends. This book is a must read for all serious scholars and analysts of economic development in Africa. * Steven Radelet, Donald F. McHenry Chair in Global Human Development and Director of the Global Human Development Program, Edmund A. Walsh School of Foreign Service, Georgetown University *
ISBN: 9780198744795
Dimensions: 240mm x 168mm x 33mm
Weight: 868g
500 pages