Accelerating Poverty Reduction in Africa

Accelerating Poverty Reduction in Africa
Author: Kathleen Beegle
Publisher: World Bank Publications
Total Pages: 451
Release: 2019-10-09
Genre: Business & Economics
ISBN: 1464812330

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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.

Sustaining and Accelerating Pro-Poor Growth in Africa

Sustaining and Accelerating Pro-Poor Growth in Africa
Author: Mr.Kevin Joseph Carey
Publisher: International Monetary Fund
Total Pages: 100
Release: 2006-02-28
Genre: Business & Economics
ISBN: 1589064941

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Growth in sub-Saharan Africa has recently shown signs of improvement, but is still short of levels needed to attain the Millennium Development Goals. Economists have placed increasing emphasis on understanding the policies that promote sustained jumps in medium-term growth, and the paper applies this approach to African countries. The evidence presented finds an important growth-supporting role for particular kinds of institutions and policies, but also highlights aspects of growth that are still not well understood. The paper includes policy guidance for ensuring that the poor benefit from growth.

Eliminating Extreme Poverty in Africa

Eliminating Extreme Poverty in Africa
Author: Zorobabel Bicaba
Publisher:
Total Pages: 33
Release: 2016
Genre: Economic development
ISBN: 9781928281313

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Eradicating extreme poverty for all people everywhere by 2030, measured by people living on $1.25 a day, is the first goal among the UN Sustainable Development Goals expected to guide the post-2015 development agenda. This paper summarizes several studies on eradicating poverty globally and examines feasibility of this goal for Sub-Saharan Africa (SSA) poorest but rapidly rising region. It finds that under plausible assumptions extreme poverty will not be eradicated in SSA by 2030, but it can be reduced to low levels. National and regional policies should aim at accelerating growth, while making it more . International organizations, including informal ones such as the G20, can play a critical role in this endeavor by encouraging policy coordination and coherence. Further, African countries will need a greater scope for bringing their perspectives into global economic debates on issues impacting sustainable development on the continent.

Poverty Reduction Strategies in Africa

Poverty Reduction Strategies in Africa
Author: Mike O. Odey
Publisher: Routledge
Total Pages: 210
Release: 2017-09-08
Genre: Business & Economics
ISBN: 131528295X

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A fundamental question about contemporary Africa is why does Africa remain so poor, long after the departure of the European Colonial domination and in the midst of so many natural resources? Poverty Reduction Strategies in Africa provides new understandings of the persistent issue of poverty in Sub-Saharan Africa and makes recommendations for policy frameworks to help African governments alleviate poverty. Each chapters uses case studies to review the old strategies for resolving the problem of poverty in the continent and make the case for new initiatives to address poverty. The contributors focus on practical and day-to-day issues as the best approach to formulate and implement poverty reduction strategies in contemporary Africa. This book is invaluable reading for students and scholars of African politics and development.

Economic Growth and Poverty Reduction in Sub-Saharan Africa

Economic Growth and Poverty Reduction in Sub-Saharan Africa
Author: Andrew McKay
Publisher: Oxford University Press
Total Pages: 329
Release: 2015-10-29
Genre: Business & Economics
ISBN: 0191044121

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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.

Reducing Poverty and Investing in People

Reducing Poverty and Investing in People
Author: Victoria Monchuk
Publisher: World Bank Publications
Total Pages: 185
Release: 2013-12-16
Genre: Business & Economics
ISBN: 1464800952

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This book assesses the status, objectives, features, performance, and financing of safety nets in Africa. It identifies how governments and donors can strengthen safety nets to protect and promote poor people. Overall safety nets are on the rise in Africa and are beginning to evolve from fragmented programs into systems.

Poverty Reduction in the Course of African Development

Poverty Reduction in the Course of African Development
Author: Machiko Nissanke
Publisher: Oxford University Press
Total Pages: 331
Release: 2017-03-09
Genre: Business & Economics
ISBN: 0192518372

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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.

Infrastructure for Economic Development and Poverty Reduction in Africa

Infrastructure for Economic Development and Poverty Reduction in Africa
Author: Afeikhena Jerome
Publisher: UN-HABITAT
Total Pages: 108
Release: 2011
Genre: Africa
ISBN: 9211322936

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Evaluates the role of infrastructure in promoting economic growth and poverty reduction in Africa. Examines complementary physical infrastructure: telecommunications, power, transport (roads, railways, ports and airports) and water supply. Explores Africa's infrastructure endowment and financing options.

Africa's Pulse, No. 20, October 2019

Africa's Pulse, No. 20, October 2019
Author: Cesar Calderon
Publisher: World Bank Publications
Total Pages: 108
Release: 2019-10-09
Genre: Business & Economics
ISBN: 1464815097

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Growth in sub-Saharan Africa has slightly recovered in 2019 (2.6 percent) from 2.5 percent in 2018. Economic recovery continues at a sluggish pace with growth in the region expected to pick up to 3 .1 percent in 2020 and 3 .2 percent in 2021. Accelerating poverty reduction in Africa requires action in four policy areas: fertility reduction, leveraging the food system on and off the farm, addressing risk and conflict, and providing more public financing to the poverty reduction agenda. Sustaining growth and eradicating poverty calls for policy solutions to empower African women in the following dimensions: building the right skills, relieving capital constraints, securing land rights, connecting women to labor, addressing social norms that limit women's economic opportunities, and boosting the capacity of the next generation.

Poverty in Africa

Poverty in Africa
Author: Augustin Kwasi Fosu
Publisher: African Books Collective
Total Pages: 528
Release: 2009
Genre: Business & Economics
ISBN: 996684662X

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This volume adds value to the existing literature by presenting concepts and methods for poverty analysis in a single source and by documenting them for students, scholars and policy-makers, especially those in Africa where the challenge of poverty reduction is greatest. --Book Jacket.