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African development; (ii) income distribution, inequality, and poverty; and (iii) economic structure, interdependence, and …
Persistent link: https://www.econbiz.de/10011943943
The purpose of the chapter is to analyze Africa's economic successes in the past half century, to understand not only …. While it may not be possible for Africa to alter, for now, its position in the world system, it may nonetheless create the …
Persistent link: https://www.econbiz.de/10011794986
dropped substantially in all regions with the exception of Sub-Saharan Africa. We assess if poverty is in the African gene by … diversity. Hence, poverty is not in the African gene from a within-Africa comparative standpoint. Policy implications are … revisiting the findings of Ashraf and Galor (2013, AER) and reformulating the 'Out of Africa Hypothesis' into a 'Genetic …
Persistent link: https://www.econbiz.de/10011408502
Growth improved substantially in most countries in sub-Saharan Africa (SSA) since 1990, but poverty in SSA as a whole … or no success in reducing poverty, many have had significant achievements. The paper argues that inter … into poverty reduction. Since the 1990s (when poverty data are available) the distinction in terms of poverty reduction can …
Persistent link: https://www.econbiz.de/10012008348
income inequality on poverty and the severity of poverty in 42 Sub-Saharan African countries from 1980 to 2019. The Gini … index is used to measure income inequality while poverty is measured as the poverty headcount ratio, and the severity of … empirical strategy. Income inequality unconditionally increases poverty dynamics while the financial institutions' depth and …
Persistent link: https://www.econbiz.de/10014280126
In this study, we assess the inclusiveness of growth by tracking the yearly percentage change in the household consumption of individuals over different growth spells in Cameroon, Senegal, and Tanzania. With cross-sectional data, we track the consumption of groups of individuals that share...
Persistent link: https://www.econbiz.de/10010410852
The origins of "capital fundamentalism' - the notion that physical capital accumulation is the primary determinant of economic growth - have been often ascribed to H arrod's and Domar's proposition that the rate of growth is the product of the saving rate and of the output-capital ratio. I t is...
Persistent link: https://www.econbiz.de/10011600579
This paper attempts to understand Asian Drama in the context of the development debates of its time, and in terms of the sensibilities that Gunnar Myrdal - the brilliant economic theorist and philosopher of knowledge, and Swedish politician - brought to the conceptualization of the problems and...
Persistent link: https://www.econbiz.de/10011913051
Gunnar Myrdal published Asian Drama in 1968, a work which made important analytical contributions to our understanding of development but was deeply pessimistic about Asia's future prospects. Since then, contrary to Myrdal's expectations, Asia's development has been remarkable, although...
Persistent link: https://www.econbiz.de/10011938218
In this paper we reassess the relationship between inequality and human development, focusing on the differential … distributive data consistent across countries and over time (World Income Inequality Database companion datasets). We show how the … concentration of income at the bottom and top, rather than overall inequality, is negatively associated with human development. This …
Persistent link: https://www.econbiz.de/10013380766