The Quality of Growth in Africa

The Quality of Growth in Africa PDF Author: Akbar Noman
Publisher: Columbia University Press
ISBN: 0231550987
Category : Business & Economics
Languages : en
Pages : 445

Book Description
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.

Africa’s Development Dynamics 2021 Digital Transformation for Quality Jobs

Africa’s Development Dynamics 2021 Digital Transformation for Quality Jobs PDF Author: African Union Commission
Publisher: OECD Publishing
ISBN: 926460653X
Category :
Languages : en
Pages : 284

Book Description
Africa’s Development Dynamics uses lessons learned in the continent’s five regions – Central, East, North, Southern and West Africa – to develop policy recommendations and share good practices. Drawing on the most recent statistics, this analysis of development dynamics attempts to help African leaders reach the targets of the African Union’s Agenda 2063 at all levels: continental, regional, national and local.

Working Out of Poverty

Working Out of Poverty PDF Author: M. Louise Fox
Publisher: World Bank Publications
ISBN: 0821374435
Category : Business & Economics
Languages : en
Pages : 96

Book Description
"This book reviews the literature and presents original research by the authors analyzing job creation in Sub-Saharan Africa in light of economic performance over the decade and more since 1995. The book identifies factors that impact job creation, both inside the labor market (such as labor supply and demand) and outside of it (overall investment climate)."--Jacket.

Determinants of Economic Growth in Africa

Determinants of Economic Growth in Africa PDF Author: Almas Heshmati
Publisher: Springer
ISBN: 3319764934
Category : Business & Economics
Languages : en
Pages : 392

Book Description
This volume is a collection of selected empirical studies on determinants of economic growth in Africa. Grouped into three parts, chapters examine the influence of financial sources and economic growth; sources of productivity growth; and prices, exchange rates and trade relationships with growth in regions in Africa or the continent as a whole. This edited book is authored by African experts in the field who employ diverse up-to-date data and methods to provide robust empirical results based on representative firms, household surveys and secondary country level data covering individuals or multiple countries on the continent. It contains a wealth of empirical evidence, deep analyses and sound recommendations for policymakers and researchers for designing and implementing effective social and national policies and strategies to prevent and to reduce poverty and its negative effects on poor households and in poor regions. The volume will be a useful resource for policymakers and researchers involved in promoting economic growth and fighting poverty. It will also appeal to a broader audience interested in economic development, resource economics, policies, economic welfare and inclusive growth.

Poverty in a Rising Africa

Poverty in a Rising Africa PDF Author: Kathleen Beegle
Publisher: World Bank Publications
ISBN: 1464807248
Category : Business & Economics
Languages : en
Pages : 278

Book Description
Perceptions of Africa have changed dramatically. Viewed as a continent of wars, famines and entrenched poverty in the late 1990s, there is now a focus on “Africa rising†? and an “African 21st century.†? Two decades of unprecedented economic growth in Africa should have brought substantial improvements in well-being. Whether or not they did, remains unclear given the poor quality of the data, the nature of the growth process (especially the role of natural resources), conflicts that affect part of the region, and high population growth. Poverty in a Rising Africa documents the data challenges and systematically reviews the evidence on poverty from monetary and nonmonetary perspectives, as well as a focus on dimensions of inequality. Chapter 1 maps out the availability and quality of the data needed to track monetary poverty, reflects on the governance and political processes that underpin the current situation with respect to data production, and describes some approaches to addressing the data gaps. Chapter 2 evaluates the robustness of the estimates of poverty in Africa. It concludes that poverty reduction in Africa may be slightly greater than traditional estimates suggest, although even the most optimistic estimates of poverty reduction imply that more people lived in poverty in 2012 than in 1990. A broad-stroke profile of poverty and trends in poverty in the region is presented. Chapter 3 broadens the view of poverty by considering nonmonetary dimensions of well-being, such as education, health, and freedom, using Sen's (1985) capabilities and functioning approach. While progress has been made in a number of these areas, levels remain stubbornly low. Chapter 4 reviews the evidence on inequality in Africa. It looks not only at patterns of monetary inequality in Africa but also other dimensions, including inequality of opportunity, intergenerational mobility in occupation and education, and extreme wealth in Africa.

Growth and Institutions in African Development

Growth and Institutions in African Development PDF Author: Augustin K. Fosu
Publisher: Routledge
ISBN: 1317596811
Category : Business & Economics
Languages : en
Pages : 393

Book Description
Recent years have seen a sustained research effort exploring the African development experience. The extant literature has offered a large set of explanations as to why the African development record has lagged behind that of other regions of the developing world. This new volume brings international contributors together to focus on the role of growth and institutions. First, it provides brief evidence on the growth and institutional records, as well as on development outcomes, during the post-independence period. Second, it targets certain growth determinants, including industrial embeddedness, innovation, exchange rate regimes, and environmental quality. Third, it sheds light on the dynamics and distribution of growth, and on growth-enhancing sectors of the economy. Finally, it investigates several issues of institutional development, as well as institutions generating development outcomes. Though focused on these two key areas, the coverage strives to achieve a comprehensive analysis of how Africa’s development may have been enhanced or undermined and to offer lessons for the future. This volume is essential reading for all scholars of development economics and development studies.

The Quality of the Recent High-Growth Episode in Sub-Saharan Africa

The Quality of the Recent High-Growth Episode in Sub-Saharan Africa PDF Author: Mr.Marcelo Martinez
Publisher: International Monetary Fund
ISBN: 1475570481
Category : Business & Economics
Languages : en
Pages : 36

Book Description
The paper explores the quality of the recent high-growth episode in sub-Saharan Africa by examining the following two questions: (i) what has been the nature and pattern of SSA growth over the past 15 years and how does it compare with previous episodes? (ii) has this growth had an impact on socially desirable outcomes, for example, improvements in health, education and poverty indicators? To do this, the paper first examines various aspects of the fundamentals of growth in SSA—levels, volatility, sources, etc.—according to various country analytical groupings. Second, it explores the extent to which the growth has been accompanied by improvements in social indicators. The paper finds that the quality of growth in SSA over the past 15 years has unambiguously improved, although progress in social indicators has been uneven.

Handbook of Quality of Life in African Societies

Handbook of Quality of Life in African Societies PDF Author: Irma Eloff
Publisher: Springer
ISBN: 3030153673
Category : Social Science
Languages : en
Pages : 456

Book Description
This handbook reflects on quality-of-life in societies on the continent of Africa. It provides a widely interdisciplinary text with insights on quality-of-life from a variety of scientific perspectives. The handbook is structured into sections covering themes of social context, culture and community; the environment and technology; health; education; and family. It is aimed at scholars who are working towards sustainable development at the intersections of multiple scientific fields and it provides measures of both objective and subjective quality-of-life. The scholarly contributions in the text are based on original research and it spans fields of research such as cultures of positivity, wellbeing, literacy and multilinguism, digital and mobile technologies, economic growth, food and nutrition, health promotion, community development, teacher education and family life. Some chapters take a broad approach and report on research findings involving thousands, and in one case millions, of participants. Other chapters zoom in and illustrate the importance of specificity in quality-of-life studies. Collectively, the handbook illuminates the particularity of quality-of-life in Africa, the unique contextual challenges and the resourcefulness with which challenges are being mediated. This handbook provides empirically grounded conceptualizations about life in Africa that also encapsulate the dynamic, ingenious ways in which we, as Africans, enhance our quality-of-life.

Unlocking Africa's Business Potential

Unlocking Africa's Business Potential PDF Author: Landry Signe
Publisher: Brookings Institution Press
ISBN: 0815737394
Category : Business & Economics
Languages : en
Pages : 361

Book Description
Africa welcomes business investment and offers some of the world's highest returns and impacts Africa has tremendous economic potential and offers rewarding opportunities for global businesses looking for new markets and long-term investments with favorable returns. Africa has been one of the world's fastest-growing regions over the past decade, and by 2030 will be home to nearly 1.7 billion people and an estimated $6.7 trillion worth of consumer and business spending. Increased political stability in recent years and improving regional integration are making market access easier, and business expansion will generate jobs for women and youth, who represent the vast majority of the population. Current economic growth and poverty-alleviation efforts mean that more than 43 percent of the continent's people will reach middle- or upper-class status by 2030. Unlocking Africa's Business Potential examines business opportunities in the eight sectors with the highest potential returns on private investment—the same sectors that will foster economic growth and diversification, job creation, and improved general welfare. These sectors include: consumer markets, agriculture and agriprocessing, information and communication technology, manufacturing, oil and gas, tourism, banking, and infrastructure and construction. The book's analysis of these sectors is based on case studies that identify specific opportunities for investment and growth, along with long-term market projections to inform decision-making. The book identifies potential risks to business and offers mitigation strategies. It also provides policymakers with solutions to attract new business investments, including how to remove barriers to business and accelerate development of the private sector.

Growth in Sub-Saharan Africa

Growth in Sub-Saharan Africa PDF Author: Mr.Dhaneshwar Ghura
Publisher: International Monetary Fund
ISBN: 1451855753
Category : Business & Economics
Languages : en
Pages : 32

Book Description
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.