This paper examines the causal relationship between energy efficiency and economic growth based on panel data for 56 … of a long-run Granger causality from economic growth to lower energy intensity for all countries. The study also finds … evidence of long-run bidirectional causality between lower energy intensity and higher economic growth for middle …

Private savings play a pivotal role in financing development and sustaining growth. Recently, there have been many … savings in Egypt follow the Life Cycle Model in the long term. Controlling for population growth, the analysis finds that the … maximizing private savings and financing growth in Egypt …

estimation of a panel-data vector autoregressive model over 1975-2011. Growth fluctuations, initially associated with demand … but relatively more important in the core. Changes in competitiveness are positively associated with changes in growth …

This paper examines the main features of real growth per capita of Sub-Saharan Africa over the past six decades, before … uncovering the sources of growth-including those of growth miracles. Three distinct growth phases before the recent "lost decade …, growth across countries in the region is heterogeneous and falls into three broad groups. Analysis of the sources of growth …

the structure of housing finance in Africa, its determinants, and its impact on inclusive growth. The findings show that … of demand and supply. In addition, the analysis finds that housing finance development in Africa is not yet an effective … housing finance and greater economic development in Africa. All these findings suggest that policies to boost housing finance …

patterns of structural change in jobs and growth …

simple aggregate growth models in which poverty traps can arise due to either low saving or low technology at low levels of … increases in growth. …

Christiaensen, Demery, and Paternostro review recent evidence on the trends in household well-being in Africa during … some have witnessed a marked increase. Yet, in the aggregate, economic growth has been pro-poor. Nonetheless, the aggregate … economic growth. Some population groups and regions, by virtue of their sheer remoteness, have been left behind when growth …

In this paper, Arbache, Go, and Page examine the recent acceleration of growth in Africa. Unlike the past, the … analysis confirms a trend break in the mid-1990s, identifying a growth acceleration that is due not only to favorable terms of … trade and greater aid, but also to better policy. Indeed, the growth diagnostics show that more and more African countries …

This paper examines the country-level dynamics of long-run growth in Africa between 1975 and 2005. The authors examine … how growth has affected mobility and the distribution of income among countries. They analyze changes in cross … of breaking up the growth histories of African economies into medium-term spells of growth accelerations and declines …