Showing 1 - 10 of 12
The question of what really drives economic growth in sub-Saharan Africa (SSA) has been debated for many decades now. However, there is still a lack of clarity on variables crucial for driving growth as prior contributions have been executed at the backdrop of preferential selection of...
Persistent link: https://www.econbiz.de/10013380603
A recent publication by the World Bank on Millennium Development Goals (MDGs) has established that extreme poverty has been decreasing in all regions of the world with the exception of sub-Saharan Africa (SSA), in spite of over two decades of growth resurgence. This chapter explores the role of...
Persistent link: https://www.econbiz.de/10011408496
This paper uses a production function to examine the channels through which remittances affect output per worker in 31 Sub-Saharan Africa (SSA) countries from 1980-2010. We find that remittances directly increase output per worker if complemented with education. The indirect effects vary with...
Persistent link: https://www.econbiz.de/10011409201
Efforts to spur growth in sub-Sahara Africa have been intensified amid structural and institutional constraints. Tax revenue, the chief source of funding for developmental purposes in SSA remains low and unstable. In fact, the SSA sub-region finds it difficult generating tax revenue up to 20 per...
Persistent link: https://www.econbiz.de/10012544816
Global value chain (GVC) participation has been identified as one of the means by which developing countries can attain inclusive growth yet little attention has been paid to it in sub-Saharan Africa (SSA). Motivated by the dearth of studies on SSA, we investigate the effect of GVC participation...
Persistent link: https://www.econbiz.de/10012544829
A conspicuous lacuna in the literature on Sub-Saharan Africa (SSA) is the lack of clarity on variables key for driving and predicting inclusive growth. To address this, I train the machine learning algorithms for the Standard lasso, the Minimum Schwarz Bayesian Information Criterion (Minimum...
Persistent link: https://www.econbiz.de/10012589991
The debate on the need for Sub-Saharan African (SSA) countries to foster inclusive growth has intensified following the coming into force of the African Continental Free Trade Area (AfCFTA), and the emergence of the coronavirus pandemic. A conspicuous lacuna in the literature is a lack of...
Persistent link: https://www.econbiz.de/10012590001
A popular theme in the literature is the examination of a variety of factors that contribute to energy poverty, but little is known about the connection between public debt and energy poverty, particularly for developing regions of the world. This study clearly illustrates the nexus between...
Persistent link: https://www.econbiz.de/10014312054
Given that the development of renewable energy is regarded as a sustainable alternative to the realization of environmental quality, it is not surprising that the discussion of the sustainability of the world's energy sources continues to expand. While renewable energy has a negligible impact on...
Persistent link: https://www.econbiz.de/10014280128
The Sub-Saharan Africa region is disproportionately affected by energy poverty and is considered highly vulnerable to the impacts of climate change. Therefore, addressing the pressing challenges of energy poverty and promoting environmental sustainability in this region is of paramount...
Persistent link: https://www.econbiz.de/10014339317