Showing 1 - 10 of 16
From 2000 to 2014, per capita gross domestic product in Sub-Saharan Africa increased by almost 35 percent in real terms, doubling in some countries. Such progress happened while agricultural productivity growth remained low in the aggregate, despite some bright spots, and poverty reduction was...
Persistent link: https://www.econbiz.de/10012965795
Growth and poverty reduction in Africa are weakly linked. This paper argues that the reason is that Africa has failed to create enough good jobs. Structural transformation - the relative growth of employment in high productivity sectors - has not featured in Africa's post-1995 growth story. As a...
Persistent link: https://www.econbiz.de/10010243497
While it is possible for economies to grow based on abundant land or natural resources, more often structural change-the shift of resources from low-productivity to high-productivity sectors-is the key driver of economic growth. Structural transformation is vital for Africa. The region's...
Persistent link: https://www.econbiz.de/10011484941
Persistent link: https://www.econbiz.de/10011977327
Persistent link: https://www.econbiz.de/10011756991
Persistent link: https://www.econbiz.de/10011623833
Persistent link: https://www.econbiz.de/10011567483
Persistent link: https://www.econbiz.de/10011567512
Persistent link: https://www.econbiz.de/10011567518
Persistent link: https://www.econbiz.de/10011531181