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Several countries in Sub-Saharan Africa (SSA) embraced the structural adjustment programs (SAPs) suggested by the World Bank and the International Monetary Fund (IMF) in the 1980s. SAPs entail three main transitions: (1) from state control to market-led development; (2) from authoritarianism to...
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Over the last three decades or so, there has been a considerable debate on factors that explaining economic growth in Sub-Saharan African (SSA) countries. The conventional determinants of economic growth, such as, economic policies, investment in human capital and foreign flow of private capital...
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The central question this paper sought to tackle was “does the quality of institutions matter for the relationship between Foreign Direct Investment (FDI) and economic growth?” Using macroeconomic data on 27 Sub Saharan African (SSA) economies and six distinct measures of governance the...
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In this study, we explore the contribution from sectoral share towards per worker income in the Sub-Saharan Africa (SSA) region over the years, 1980 to 2009. Within the last three decades, agriculture and services did not contribute positively towards growth in per worker income. Manufacturing...
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Agriculture is the largest sector in most sub-Saharan economies in terms of employment, and it plays an important role in supplying food and export earnings. Rural poverty rates remain high, and labor productivity is strikingly low. This article asks how these factors shape the role of...
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