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Ghana has made considerable progress over the last 20 years in sustaining economic growth and reducing poverty. The Government of Ghana has declared its new development goal of reaching middle-income status by 2015. Achieving this goal will require Ghana to double its per capita income over the...
Persistent link: https://www.econbiz.de/10011132791
Public Expenditures, Growth, and Poverty assesses the efficacy of poverty reduction programs in Latin America, Africa, and Asia by synthesizing studies conducted by the International Food Policy Research Institute over the past ten years. Overall, the studies find that investments in...
Persistent link: https://www.econbiz.de/10010752685
"Contrary to conventional economic theories, the relationship between income growth and the share of the population within the rural or agricultural sector is extremely diverse, even among regions starting from similar levels of development, such as Asia and Africa. The pattern in developing...
Persistent link: https://www.econbiz.de/10005038038
Africa’s recent economic growth is at a historical high, the patterns associated with this growth appear to be quite different from the Asian experiences where rapid growth was fueled by labor intensive, export-oriented manufacturing. Because this pattern differs with our typical view of...
Persistent link: https://www.econbiz.de/10011132690
and public R&D to accelerate and guide productivity growth towards otherwise-neglected social goals. Proportional “prize …
Persistent link: https://www.econbiz.de/10005038096
substantial gains in productivity, especially in the industrial and service sectors of Pakistan’s economy. Computable General … productivity growth targets broadly consistent with the Framework for Economic Growth would imply a 9.3 percent per year gain in …
Persistent link: https://www.econbiz.de/10011132838
We document that structural change accounts for approximately one-fifth of the total change in labor productivity in …, significant gains to aggregate labor productivity are still available from further shifts of labor to higher-productivity sectors …. We discuss the factors limiting structural change, which include poor agricultural productivity, insufficient infrastruc …
Persistent link: https://www.econbiz.de/10010850580
productivity, growth declines and the GDP share of the nontraded sector further increases. Smart use of oil revenue thus not only … involves the creation of an oil fund but also spending inflows on productivity-enhancing investment. Whether public investments … investment-to-productivity-growth efficiency, public investments take longer to overcome the negative growth effects the higher …
Persistent link: https://www.econbiz.de/10008505321
"In the context of on-going market reform in developing countries, there is a need for an improvement in the existing methods of spatial market efficiency analysis in order to better inform the debate toward designing and implementing new grain marketing policies, institutions, and...
Persistent link: https://www.econbiz.de/10004996583
"Encouraging signs of growth acceleration in Africa may herald a new development era of rapid transformation. In an effort to promote the future success of African transformation, we herein provide an extensive literature review on development economics and empirical observations from...
Persistent link: https://www.econbiz.de/10005038093