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The purpose of the chapter is to analyze Africa's economic successes in the past half century, to understand not only what made it possible but also and more importantly what risk factors may eventually bring it to an end or compromise it. While it may not be possible for Africa to alter, for...
Persistent link: https://www.econbiz.de/10011794986
A 2015 World Bank report on attainment of Millennium Development Goals concludes that the number of extremely poor has dropped substantially in all regions with the exception of Sub-Saharan Africa. We assess if poverty is in the African gene by revisiting the findings of Ashraf and Galor (2013,...
Persistent link: https://www.econbiz.de/10011408502
The present study investigates the incidence of financial institutions' dynamics of depth and access in the effect of … empirical strategy. Income inequality unconditionally increases poverty dynamics while the financial institutions' depth and … access mitigate the adverse effects of income inequality on poverty dynamics. Financial institutions' policy thresholds or …
Persistent link: https://www.econbiz.de/10014280126
institutions were identified. With regards to Nigeria, it was observed that the country is still far away from realistically being … should strengthen its institutions by allowing every government agency to function independently and in accordance with …
Persistent link: https://www.econbiz.de/10012107783
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The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
Persistent link: https://www.econbiz.de/10011409823
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The impacts of climate change on poverty depend on the magnitude of climate change, but also on demographic and socioeconomic trends. An analysis of hundreds of baseline scenarios for future economic development in the absence of climate change in 92 countries shows that the drivers of poverty...
Persistent link: https://www.econbiz.de/10012245601