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  • Economic Growth and Poverty Reduction in Sub-Saharan Africa: Current and Emerging Issues

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

    Current and Emerging Issues

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      • Publisher's listprice GBP 110.00
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    Product details:

    • Publisher OUP Oxford
    • Date of Publication 29 October 2015

    • ISBN 9780198728450
    • Binding Hardback
    • No. of pages318 pages
    • Size 237x171x26 mm
    • Weight 660 g
    • Language English
    • Illustrations Figures and Tables
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    Short description:

    This volume discusses long-standing, but central, economic issues in Sub-Saharan Africa, including the nature of growth-poverty-inequality relations, agriculture, the labour market and openness, and globalization.

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    Long description:

    After many years of disappointing performance, Sub-Saharan Africa has shown impressive growth performance since the start of the millenium. However, the impact of this on poverty reduction is still not well understood and this led the African Economics Research Consortium in Nairobi to undertake a major collaborative research project on the linkages between growth and poverty reduction in Sub-Saharan Africa. This volume is based on research undertaken by world leading researchers on major issues influencing the extent to which growth can translate into poverty reduction. The volume includes two review chapters on the impact of growth on poverty reduction, and on the impact of widespread poverty on economic growth, and argues that both relationships are important for understanding how growth and poverty reduction interact. The volume focuses, in detail, on the role of agriculture, the labour market, the informal sector, the industrial sector, the global context, and macroeconomic issues. All chapters comprise an extensive review of the existing literature and highlight new and important directions. As more information on the evolution of poverty and living conditions in Sub-Saharan Africa emerge, this volume is important in helping to interpret and explain that evidence.

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    Table of Contents:

    Introduction
    The Anatomy of Growth and Development in Sub-Saharan Africa
    Is Poverty a Binding Constraint on Growth in Sub-Saharan Africa?
    Agriculture as an Engine of Growth and Poverty Reduction: Lessons for Africa
    Growth, Employment Creation, and Poverty Reduction: An Overview of Evidence and Possible Applications to Africa
    The Informal Economy, Economic Growth, and Poverty in Sub-Saharan Africa
    Spatial Inequality and its Implications for the Growth-Poverty Reduction Relationship
    Linking Economic Growth to Poverty Reduction under Globalization: A Case for Harnessing Globalization for the Poor in Sub-Saharan Africa
    Real Exchange Rate Undervaluation and Poverty

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