Accelerating Poverty Reduction in Africa

Accelerating Poverty Reduction in Africa
Author :
Publisher : World Bank Publications
Total Pages : 481
Release :
ISBN-10 : 9781464812330
ISBN-13 : 1464812330
Rating : 4/5 (30 Downloads)

Synopsis Accelerating Poverty Reduction in Africa by : Kathleen Beegle

Sub-Saharan Africa's turnaround over the past couple of decades has been dramatic. After many years in decline, the continent's economy picked up in the mid-1990s. Along with this macroeconomic growth, people became healthier, many more youngsters attended schools, and the rate of extreme poverty declined from 54 percent in 1990 to 41 percent in 2015. Political and social freedoms expanded, and gender equality advanced. Conflict in the region also subsided, although it still claims thousands of civilian lives in some countries and still drives pressing numbers of displaced persons. Despite Africa’s widespread economic and social welfare accomplishments, the region’s challenges remain daunting: Economic growth has slowed in recent years. Poverty rates in many countries are the highest in the world. And notably, the number of poor in Africa is rising because of population growth. From a global perspective, the biggest concentration of poverty has shifted from South Asia to Africa. Accelerating Poverty Reduction in Africa explores critical policy entry points to address the demographic, societal, and political drivers of poverty; improve income-earning opportunities both on and off the farm; and better mobilize resources for the poor. It looks beyond macroeconomic stability and growth—critical yet insufficient components of these objectives—to ask what more could be done and where policy makers should focus their attention to speed up poverty reduction. The pro-poor policy agenda advanced in this volume requires not only economic growth where the poor work and live, but also mitigation of the many risks to which African households are exposed. As such, this report takes a "jobs" lens to its task. It focuses squarely on the productivity and livelihoods of the poor and vulnerable—that is, what it will take to increase their earnings. Finally, it presents a road map for financing the poverty and development agenda.

Poverty Reduction in the Course of African Development

Poverty Reduction in the Course of African Development
Author :
Publisher : Oxford University Press
Total Pages : 331
Release :
ISBN-10 : 9780192518378
ISBN-13 : 0192518372
Rating : 4/5 (78 Downloads)

Synopsis Poverty Reduction in the Course of African Development by : Machiko Nissanke

In light of the opportunities and the challenges facing African economies in the 21st century, this edited volume traces the evolution of poverty in the course of economic development in sub-Saharan Africa over the recent decades. By engaging with, and seeking to develop on, the work of Professor Erik Thorbecke, it examines the evolving dynamics of poverty in multiple dimensions. It also discusses how to lay down foundations for improved governance and institutions that will realize inclusive development in sub-Saharan Africa. Thus, the volume contributes to our understanding of dynamics of pro-poor growth and pro-growth poverty reduction, and to the on-going policy and academic debates on how to overcome fragility and vulnerability and secure inclusive development through socio-economic transformation in sub-Saharan Africa. The volume is divided into four parts; two overview chapters in Part 1 set out a common theme running through the volume. Four chapters in Part II examine an evolution of the poverty profile in different dimensions in sub-Saharan Africa since the new millennium. Part III presents three country case studies of tracing poverty dynamics under a country-specific institutional and policy environment. Part IV consists of three chapters, each of which addresses the question of how to advance an inclusive development agenda in sub-Saharan Africa, but from three different perspectives: structural changes, a governance framework, and an institutional foundation.

Poverty in a Rising Africa

Poverty in a Rising Africa
Author :
Publisher : World Bank Publications
Total Pages : 278
Release :
ISBN-10 : 9781464807244
ISBN-13 : 1464807248
Rating : 4/5 (44 Downloads)

Synopsis Poverty in a Rising Africa by : Kathleen Beegle

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.

Agricultural Development and Economic Transformation

Agricultural Development and Economic Transformation
Author :
Publisher : Springer
Total Pages : 266
Release :
ISBN-10 : 9783319652597
ISBN-13 : 3319652591
Rating : 4/5 (97 Downloads)

Synopsis Agricultural Development and Economic Transformation by : John W. Mellor

This book examines the role of agriculture in the economic transformation of developing low- and middle-income countries and explores means for accelerating agricultural growth and poverty reduction. In this volume, Mellor measures by household class the employment impact of alternative agricultural growth rates and land tenure systems, and impact on cereal consumption and food security. The book provides detailed analysis of each element of agricultural modernization, emphasizing the central role of government in accelerated growth in private sector dominated agriculture. The book differs from the bulk of current conventional wisdom in its placement of the non-poor small commercial farmer at the center of growth, and explains how growth translates into poverty reduction. This new book is a follow up to Mellor’s classic, prize-winning text, The Economics of Agricultural Development. Listed as a Best Books of 2017: Economics by Financial Times.

ICT Pathways to Poverty Reduction

ICT Pathways to Poverty Reduction
Author :
Publisher : IDRC
Total Pages : 273
Release :
ISBN-10 : 9781552505397
ISBN-13 : 1552505391
Rating : 4/5 (97 Downloads)

Synopsis ICT Pathways to Poverty Reduction by : Edith Ofwona Adera

'ICT Pathways to Poverty Reduction' presents a conceptual framework to analyse how poverty dynamics change over time and to shed light on whether ICT access benefits the poor as well as the not-so-poor. Essential reading for policymakers, researchers, and academics in international development or ICT for development.

Promoting Green Economy

Promoting Green Economy
Author :
Publisher : United Nations University Institute for Natural Resourc
Total Pages : 283
Release :
ISBN-10 : 9789988633097
ISBN-13 : 9988633092
Rating : 4/5 (97 Downloads)

Synopsis Promoting Green Economy by : Ayuk, Elias T.

Most African national economies depend on the exploitation of both renewable and non-renewable natural resources for development. Conventional and unconventional exploitation of natural resources has left negative carbon footprints. This has also degraded hotspots across the African continent, impacting negatively on people and the environment. A Green Economy offers the continent the opportunity to achieve sustained economic development devoid of environmental degradation and inefficient utilisation of natural resources. This book, Promoting Green Economy, explores issues affecting the socio-economic development of the continent and focuses on Africa’s need for a green economy. With chapters written by seasoned authors from academia and industry across the continent, the book examines the challenges of sustainable management of Africa’s natural resources and recommends the need for the continent to transit towards green economy as this can provide opportunities for minimising environmental footprints of all economic activities. The book calls on the commitment of the public and private sectors to the development of appropriate green economy policies and regulatory frameworks to promote inclusive growth.

The Composition of Growth Matters for Poverty Alleviation

The Composition of Growth Matters for Poverty Alleviation
Author :
Publisher : World Bank Publications
Total Pages : 38
Release :
ISBN-10 :
ISBN-13 :
Rating : 4/5 ( Downloads)

Synopsis The Composition of Growth Matters for Poverty Alleviation by : Norman Loayza

This paper contributes to explain the cross-country heterogeneity of the poverty response to changes in economic growth. It does so by focusing on the structure of output growth. The paper presents a two-sector theoretical model that clarifies the mechanism through which the sectoral composition of growth and associated labor intensity can affect workers' wages and, thus, poverty alleviation. Then in presents cross-country empirical evidence that analyzes first, the differential poverty-reducing impact of sectoral growth at various levels of disaggregation, and the role of unskilled labor intensity in such differential impact. The paper finds evidence that not only the size of economic growth but also its composition matters for poverty alleviation, with the largest contributuons from labor-intensive sectors (such as agriculture, construction, and manufacturing). The results are robust to the influence of outliers, alternative explanations, and various poverty measures.

The Quality of Growth in Africa

The Quality of Growth in Africa
Author :
Publisher : Columbia University Press
Total Pages : 445
Release :
ISBN-10 : 9780231550987
ISBN-13 : 0231550987
Rating : 4/5 (87 Downloads)

Synopsis The Quality of Growth in Africa by : Akbar Noman

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.

Industrial Policy and Economic Transformation in Africa

Industrial Policy and Economic Transformation in Africa
Author :
Publisher : Columbia University Press
Total Pages : 469
Release :
ISBN-10 : 9780231540773
ISBN-13 : 0231540779
Rating : 4/5 (73 Downloads)

Synopsis Industrial Policy and Economic Transformation in Africa by : Akbar Noman

The revival of economic growth in Sub-Saharan Africa is all the more welcome for having followed one of the worst economic disasters—a quarter century of economic malaise for most of the region—since the industrial revolution. Six of the world's fastest-growing economies in the first decade of this century were African. Yet only in Ethiopia and Rwanda was growth not based on resources and the rising price of oil. Deindustrialization has yet to be reversed, and progress toward creating a modern economy remains limited. This book explores the vital role that active government policies can play in transforming African economies. Such policies pertain not just to industry. They traverse all economic sectors, including finance, information technology, and agriculture. These packages of learning, industrial, and technology (LIT) policies aim to bring vigorous and lasting growth to the region. This collection features case studies of LIT policies in action in many parts of the world, examining their risks and rewards and what they mean for Sub-Saharan Africa.

The Role of Trade in Ending Poverty

The Role of Trade in Ending Poverty
Author :
Publisher :
Total Pages : 0
Release :
ISBN-10 : 9287042322
ISBN-13 : 9789287042323
Rating : 4/5 (22 Downloads)

Synopsis The Role of Trade in Ending Poverty by :

The Role of Trade in Ending Poverty looks at the complex relationships between economic growth, poverty reduction and trade, and examines the challenges that poor people face in benefiting from trade opportunities. Written jointly by the World Bank Group and the WTO, the publication examines how trade could make a greater contribution to ending poverty by increasing efforts to lower trade costs, improve the enabling environment, implement trade policy in conjunction with other areas of policy, better manage risks faced by the poor, and improve data used for policy-making.