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Periodical issue Periodical issue Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Revisiting the growth, inequality and poverty nexus
Editor:Manda, Damiano KulunduISNI
Year:2013
Periodical:Journal of African Economies (ISSN 0963-8024)
Volume:22
Period:Supplement 1 (January)
Pages:101
Language:English
City of publisher:Oxford
Publisher:Oxford University Press
Geographic term:Subsaharan Africa
Subjects:economic development
poverty reduction
economic inequality
economic models
External link:https://academic.oup.com/jae/issue/22/suppl_1
Abstract:Despite sub-Saharan African countries achieving sterling growth in the last 15 years, the corresponding reduction in poverty has been minor with the absolute number of people living in poverty remaining high. The three papers published in this supplement of the Journal of African Economies revisit the growth, inequality and poverty nexus in Africa to bring out new insights into their linkages. The first paper, by Erik Thorbecke, reviews the literature on the growth-inequality-poverty nexus, and on the reverse causality linking reduced poverty to more inclusive growth within the context of sub-Saharan Africa. The second paper, by Andy McKay, examines how sub-Saharan growth in the last 15 years has translated into poverty reduction, drawing on household survey evidence from 25 countries that have comparable surveys at more than one point in time, and looking at non-monetary poverty as well as monetary measures of poverty. The third paper, by Yaw Nyarko, discusses the role of knowledge and the structure of the economy in sustaining high economic growth, with an emphasis on sub-Saharan Africa. It proposes a model of growth involving learning from different activities. Bibliogr, notes, ref., sum. [ASC Leiden abstract]
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