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Africa: Leveraging the Crisis into a Development Takeoff

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  • Devarajan, Shantayanan

    () (World Bank)

  • Shetty, Sudhir

    () (World Bank)

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    Abstract

    Africa’s precrisis growth and poverty reduction was the result of increased external resources, a buoyant global economy and—crucially—improved economic policies. Although it is still the world’s poorest region, the prospects for resuming growth are good. Additional resources and further policy reforms could launch the continent on a path of sustained growth and poverty reduction.

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    File URL: http://siteresources.worldbank.org/INTPREMNET/Resources/EP30.pdf
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    Bibliographic Info

    Article provided by The World Bank in its journal Economic Premise.

    Volume (Year): (2010)
    Issue (Month): 30 (September)
    Pages: 1-4

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    Handle: RePEc:wbk:prmecp:ep30

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    Related research

    Keywords: Africa; Crisis; development; growth; poverty reduction; reforms; policies; sub-Saharan; recovery; developing countries;

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    1. Ivanic, Maros & Martin, Will, 2008. "Implications of higher global food prices for poverty in low-income countries," Policy Research Working Paper Series 4594, The World Bank.
    2. Friedman, Jed & Schady, Norbert, 2009. "How many more infants are likely to die in Africa as a result of the global financial crisis ?," Policy Research Working Paper Series 5023, The World Bank.
    3. Gauthier, Bernard & Wane, Waly, 2007. "Leakage of public resources in the health sector : an empirical investigation of Chad," Policy Research Working Paper Series 4351, The World Bank.
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