Sustaining Growth Accelerations and Pro-Poor Growth in Africa

Are improvements in growth in Sub-Saharan Africa (SSA) since the mid-1990s sustainable? What types of growth strategies contribute the most to reducing poverty? This paper examines these questions in four stages. First, it explores the factors contributing to the post- 1995 improvement in growth. Se...

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Bibliographic Details
Main Author: Gupta, Sanjeev
Other Authors: Carey, Kevin, Pattillo, Catherine
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2005
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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651 4 |a Uganda 
653 |a Provision and Effects of Welfare Program 
653 |a Economywide Country Studies: Africa 
653 |a Cross-Country Output Convergence 
653 |a Income distribution 
653 |a Economic development 
653 |a Aggregate Productivity 
653 |a Poverty reduction 
653 |a Poverty reduction and development 
653 |a Aggregate Factor Income Distribution 
653 |a Social welfare & social services 
653 |a Poverty and Homelessness 
653 |a Inclusive growth 
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653 |a Social Services and Welfare 
653 |a Measurement and Analysis of Poverty 
653 |a Economic Growth of Open Economies 
653 |a Macroeconomic Analyses of Economic Development 
653 |a Welfare, Well-Being, and Poverty: General 
653 |a Poverty & precarity 
653 |a Economic growth 
653 |a Poverty 
653 |a Macroeconomics 
653 |a Economic Growth and Aggregate Productivity: General 
653 |a Measurement of Economic Growth 
653 |a Income inequality 
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520 |a Are improvements in growth in Sub-Saharan Africa (SSA) since the mid-1990s sustainable? What types of growth strategies contribute the most to reducing poverty? This paper examines these questions in four stages. First, it explores the factors contributing to the post- 1995 improvement in growth. Second, to shed some light on factors associated with substantial jumps in growth rates that are sustained in the medium term, an analysis of the correlates of growth accelerations is presented. Third, the paper examines the consistency of the SSA data with some important predictions from the literature directly linking such areas as fiscal policy, financial development, or institutions and growth. Fourth, it reviews recent evidence regarding lessons on the type of growth process that is most effective at raising the incomes of the poor