ISBN : 9780198728450
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.
2. The Anatomy of Growth and Development in Sub-Saharan Africa
3. Is Poverty a Binding Constraint on Growth in Sub-Saharan Africa?
4. Agriculture as an Engine of Growth and Poverty Reduction: Lessons for Africa
5. Growth, Employment Creation, and Poverty Reduction: An Overview of Evidence and Possible Applications to Africa
6. The Informal Economy, Economic Growth, and Poverty in Sub-Saharan Africa
7. Spatial Inequality and its Implications for the Growth-Poverty Reduction Relationship
8. Linking Economic Growth to Poverty Reduction under Globalization: A Case for Harnessing Globalization for the Poor in Sub-Saharan Africa
9. Real Exchange Rate Undervaluation and Poverty