Economic Growth and Poverty Reduction in Sub-Saharan Africa |
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Author:
| Moser, Gary G. Ichida, Toshihiro |
Series title: | IMF Working Papers |
ISBN: | 978-1-4623-0956-6 |
Publication Date: | Aug 2001 |
Publisher: | International Monetary Fund
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Book Format: | Ebook |
List Price: | USD $7.50 |
Book Description:
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This study confirms a strong and robust relationship between economic growth and poverty reduction in sub-Saharan Africa. Employing a panel of 46 countries covering the period 1972-97, the analysis finds that a 10 percent increase in per capita GDP leads to a 1 percent increase in life expectancy, a 3-4 percent decline in infant mortality rates, and a 3-4 percent increase in the rate of gross primary school enrollment. the results are robust for high- and low-income, as well as fast-...
More DescriptionThis study confirms a strong and robust relationship between economic growth and poverty reduction in sub-Saharan Africa. Employing a panel of 46 countries covering the period 1972-97, the analysis finds that a 10 percent increase in per capita GDP leads to a 1 percent increase in life expectancy, a 3-4 percent decline in infant mortality rates, and a 3-4 percent increase in the rate of gross primary school enrollment. the results are robust for high- and low-income, as well as fast- and slow-growth, countries. the study also finds that quality of growth, civil conflict, HIV/AIDs, civil and institutional freedom, and island economies are important control variables that help explain the variability of poverty across Africa. a country's latitude is not found to be a significant factor explaining life expectancy or infant mortality rates, though it is a significant factor explaining gross primary school enrollments.