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The strong economic performance of Sub-Saharan Africa's resource-rich countries since the start of the 21st century has been celebrated as a return to more buoyant growth and renewed convergence with the advanced economies.Despite the recent progress in improving living standards and reducing...
Persistent link: https://www.econbiz.de/10012645556
This paper analyses the role of good governance in fostering pro-poor and inclusive growth. Using a sample of 112 countries over 1975-2012, it shows that growth is generally pro-poor. However, growth has not been inclusive, as illustrated by a decline in the bottom 20 percent of the income...
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This paper estimates a panel model in which the relationship between inequality and gross domestic product per capita growth depends on countries' initial incomes. Estimates of the model show that the relationship between inequality and gross domestic product per capita growth is significantly...
Persistent link: https://www.econbiz.de/10011875155