Raising Growth and Investment in Sub-Saharan Africa - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Raising Growth and Investment in Sub-Saharan Africa write by Mr.Ernesto Hernández-Catá. This book was released on 2000-05-01. Raising Growth and Investment in Sub-Saharan Africa available in PDF, EPUB and Kindle. This paper argues that sub-Saharan Africa’s growth performance needs to be improved substantially in order to raise standards of living to an acceptable level and achieve a visible reduction in poverty. The paper provides a broad overview of the explanations for sub-Saharan Africa’s unsatisfactory growth performance in the past, paying particular attention to the empirical literature. It argues that growth has been hampered by economic distortions and institutional deficiencies that have increased the risk of investing in Africa, and lowered the rates of return on capital and labor as well as the growth of total factor productivity.
Raising Growth and Investment in Sub-Saharan Africa
Raising Growth and Investment in Sub-Saharan Africa - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Raising Growth and Investment in Sub-Saharan Africa write by Ernesto Hernanadez-Cata. This book was released on 2012. Raising Growth and Investment in Sub-Saharan Africa available in PDF, EPUB and Kindle. Sub-Saharan Africa's long-term growth performance will need to improve significantly for the region to visibly reduce poverty and raise the standard of living to an acceptable level. Appropriate actions will also be needed to ensure that an adequate share of the growing income is devoted to reducing poverty. The key policy question for these countries and their development partners is how to spur economic growth. Empirical studies suggest that the contributions to growth of physical investment and total factor productivity in sub-Saharan Africa have been low in comparison with other regions and have declined over time. These trends have reflected inefficiencies in resource allocation, poor delivery of public goods, notably health care and education; and the high risk of doing business in many parts of the region. Moreover, although the labor force has expanded rapidly, its productivity has remained relatively low because of generally poor standards of health and education.
Promoting Growth in Sub-Saharan Africa
Promoting Growth in Sub-Saharan Africa - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Promoting Growth in Sub-Saharan Africa write by Mr.Anupam Basu. This book was released on 2000-10-02. Promoting Growth in Sub-Saharan Africa available in PDF, EPUB and Kindle. Africa is the world’s poorest continent, but amid all the bad news, there is hope for change. This pamphlet examines the lessons to be learned from some of the more successful economies south of the Sahara, and discusses a policy framework to promote sustainable economic growth and reduce poverty across the region.
Growth in Sub-Saharan Africa
Growth in Sub-Saharan Africa - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Growth in Sub-Saharan Africa write by Mr.Dhaneshwar Ghura. This book was released on 1995-12-01. Growth in Sub-Saharan Africa available in PDF, EPUB and Kindle. 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.
Adjustment and Growth in Sub-Saharan Africa
Adjustment and Growth in Sub-Saharan Africa - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Adjustment and Growth in Sub-Saharan Africa write by Mr.Anupam Basu. This book was released on 1999-04-01. Adjustment and Growth in Sub-Saharan Africa available in PDF, EPUB and Kindle. This paper analyzes the factors affecting economic growth in sub-Saharan Africa, using data for 1981–97. The results indicate that per capita real GDP growth is positively influenced by economic policies that raise the ratio of private investment to GDP, promote human capital development, lower the ratio of the budget deficit to GDP, safeguard external competitiveness, and stimulate export volume growth. The favorable evolution of these variables played an important role in the region’s apparent postreform recovery of 1995–97. The paper also discusses a policy framework to promote sustainable economic growth and reduce poverty in sub-Saharan Africa
