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The Quality of the Recent High-Growth Episode in Sub-Saharan Africa, Marcelo Martinez, Montfort Mlachila

Abstract
The paper explores the quality of the recent high-growth episode in sub-Saharan Africa by examining the following two questions: (i) what has been the nature and pattern of SSA growth over the past 15 years and how does it compare with previous episodes? (ii) has this growth had an impact on socially desirable outcomes, for example, improvements in health, education and poverty indicators? To do this, the paper first examines various aspects of the fundamentals of growth in SSA—levels, volatility, sources, etc.—according to various country analytical groupings. Second, it explores the extent to which the growth has been accompanied by improvements in social indicators. The paper finds that the quality of growth in SSA over the past 15 years has unambiguously improved, although progress in social indicators has been uneven
Table Of Contents
Cover; Contents; I. Introduction; II. Literature Review; A. Overview; B. The Nature of Growth; Sustained Growth; Volatility; Total Factor Productivity; Sectoral Composition of Growth; Demand Composition of Output; C. Socially Desirable Outcomes; Education and Health; Poverty reduction; D. Putting It All Together; III. Methodology and Data; IV. The Nature of SSA Growth; A. Strength of Growth; B. Volatility of Growth; C. Total Factor Productivity; D. Sectoral Composition of Output; E. Composition of Output from the Demand Side; V. Socially Desirable Outcomes; A. Overview
Language
eng
Literary Form
non fiction
Note
"February 2013."
Physical Description
1 online resource (37 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781475548587

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