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"Oil and mineral revenues raise national savings and hence facilitate investment, capital accumulation, and sustained growth; thus, there are benefits of owning large natural resources. There can be a significant spillover effect from the oil sector to the non-oil sector particularly if...
Persistent link: https://www.econbiz.de/10011394146
Persistent link: https://www.econbiz.de/10010525630
Environmental degradation primarily affects the poor, both in rural and urban areas. Reversing the downward spiral of this degradation is essential to any strategy for reducing poverty in Sub-Saharan Africa. This study outlines the World Bank's strategy for improving its assistance to SSA...
Persistent link: https://www.econbiz.de/10012555043
"This paper analyzes the economic growth impact of organized political violence. First, the authors articulate the theoretical underpinnings of the growth impact of political violence in a popular model of growth under uncertainty. The authors show that, under plausible assumptions regarding...
Persistent link: https://www.econbiz.de/10010521067
Bridging the Atlantic is a descriptive study of Brazil's involvement with counterparts in Sub-Saharan Africa through knowledge exchange, trade, and investments. The objective of the study is to understand these relations better with the intent to forge concrete and mutually beneficial...
Persistent link: https://www.econbiz.de/10012247917
The report analyses the contribution to date of agricultural water management to poverty reduction and growth in the in sub-Saharan Africa region, the reasons for its slow expansion and apparently poor track record, as well as the ways in which increased investment in agricultural water...
Persistent link: https://www.econbiz.de/10012553034
The institutional crisis affecting economic management in Sub-Saharan Africa (SSA) is a crisis of structural disconnect between formal institutions transplanted from outside and indigenous institutions born of the culture and traditional values of the African past. Building on the findings and...
Persistent link: https://www.econbiz.de/10012555075
This report argues that if a growth surge is to evolve into a virtuous spiral that stimulates even higher and sustained growth rates in a substantial number of African countries, a significant increase in investment in physical and human capital is needed over an extended period. This report...
Persistent link: https://www.econbiz.de/10012561159
Persistent link: https://www.econbiz.de/10000563269
"The authors develop an endogenous growth model that combines structural change with repeated product improvement. That is, the technologies in one sector of the model become not only increasingly capital-intensive, but also progressively productive over time. Application of the basic model to...
Persistent link: https://www.econbiz.de/10011394199