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Sources of Growth in Sub-Saharan Africa

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  • Emmanuel Brou Aka
  • Bernardin Akitoby
  • Amor Tahari
  • Dhaneshwar Ghura

Abstract

Analysis of 1960-2002 data shows that average real GDP growth in sub-Saharan Africa was low and decelerated continuously before starting to recover in the second part of the 1990s. Growth was driven primarily by factor accumulation with little role for total factor productivity (TFP) growth. The recent pickup in economic growth was accompanied by an increase in TFP growth, namely in the group of countries whose IMF-supported programs were judged to be on track. Average annual growth in the region, at 3½ percent during 1997-2002, is less than half of the estimated growth needed to halve the fraction of population living below $1 per day between 1990 and 2015, one of the Millennium Development Goals.

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Bibliographic Info

Paper provided by International Monetary Fund in its series IMF Working Papers with number 04/176.

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Length: 31
Date of creation: 01 Sep 2004
Date of revision:
Handle: RePEc:imf:imfwpa:04/176

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Keywords: Economic growth; real gdp; gdp growth; growth accounting; oil-producing countries; factor accumulation; growth rate; growth rates; total factor productivity; output growth; trade liberalization; terms of trade; gdp growth rates; external shocks; national income; per capita income; economic growth rates; analysis of gdp growth rate; dynamic gains; domestic savings; trade protection; domestic producers; per capita terms of trade shocks; domestic prices; trade openness; trade restrictions; neighboring countries; commercial policy; trade shocks; export taxes;

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  2. Augustin Kwasi Fosu, 2002. "Political Instability and Economic Growth: Implications of Coup Events in Sub-Saharan Africa," American Journal of Economics and Sociology, Wiley Blackwell, vol. 61(1), pages 329-348, 01.
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Cited by:
  1. Estelle Koussoubé & Augustin Loada & Gustave Nebié & Marc Raffinot, 2014. "Political Economy of growth and poverty in Burkina Faso: Power, Institutions and Rents," Working Papers DT/2014/01, DIAL (Développement, Institutions et Mondialisation).
  2. World Bank, 2007. "Uganda - Moving Beyond Recovery : Investment and Behavior Change, For Growth, Volume 1. Summary and Recommendations," World Bank Other Operational Studies 7576, The World Bank.
  3. Saten Kumar & Gail Pacheco & Stephanié Rossouw, 2010. "How to Increase the Growth Rate in South Africa?," EERI Research Paper Series EERI_RP_2010_31, Economics and Econometrics Research Institute (EERI), Brussels.
  4. Chandra, Vandana & Li, Ying & Osorio Rodarte, Israel, 2007. "Commodity Export Diversification in Rwanda - Many Export Discoveries with Little Scaling-Up," MPRA Paper 18556, University Library of Munich, Germany.
  5. World Bank, 2007. "Ghana - Meeting the Challenge of Accelerated and Shared Growth : Country Economic Memorandum, Volume 1. Synthesis," World Bank Other Operational Studies 7663, The World Bank.
  6. Amavilah, Voxi Heinrich, 2009. "Globalization, governance, and the economic performance of Sub-Saharan Africa," MPRA Paper 15600, University Library of Munich, Germany.
  7. World Bank, 2007. "Uganda - Moving Beyond Recovery, Investment and Behavior Change, For Growth, Volume 2, Overview," World Bank Other Operational Studies 7574, The World Bank.
  8. Краснопёров, Олег, 2012. "Оценка Производственной Функции В Условиях Неопределённости Динамики Физического Капитала
    [Assessing the production
    ," MPRA Paper 47555, University Library of Munich, Germany.
  9. Ben Hammouda, Hakim & Karingi, Stephen & Njuguna, Angelica & Sadni Jallab, Mustapha, 2006. "Diversification: towards a new paradigm for Africa’s development," MPRA Paper 13359, University Library of Munich, Germany.
  10. Fofack, Hippolyte, 2010. "Conflicts and returns to stability in developing countries : a comparative analysis," Policy Research Working Paper Series 5428, The World Bank.
  11. Romain Houssa & Oleg Badunenko & Daniel J. Henderson, 2010. "Explaining African Growth Performance: A Production-Frontier Approach," Working Papers 1013, University of Namur, Department of Economics.
  12. Matthias Cinyabuguma & Louis Putterman, 2006. "Sub-Saharan Growth Surprises: Geography, Institutions And History in an all African Data Panel," Working Papers 2006-21, Brown University, Department of Economics.
  13. Deng, Binbin, 2009. "Principal Constituents Decomposition of Economic Development—A Domestic Level Analysis of Sub-Saharan African Countries," MPRA Paper 23237, University Library of Munich, Germany.
  14. Amavilah, Voxi Heinrich, 2008. "Domestic resources, governance, global links, and the economic performance of Sub-Saharan Africa," MPRA Paper 11193, University Library of Munich, Germany.
  15. Samuel Bates & Cheikh Tidiane Ndiaye, 2014. "Economic Growth from a Structural Unobserved Component Modeling: The Case of Senegal," Economics Bulletin, AccessEcon, vol. 34(2), pages 951-965.
  16. Channing Arndt & Sam Jones & Finn Tarp, 2006. "Aid and Development: The Mozambican Case," Discussion Papers 06-13, University of Copenhagen. Department of Economics.
  17. Volker Treichel, 2005. "Tanzania's Growth Process and Success in Reducing Poverty," IMF Working Papers 05/35, International Monetary Fund.
  18. Hakim Ben Hammouda & Stephen Karingi & Angelica Njuguna & Mustapha Sadni Jallab, 2010. "Growth, productivity and diversification in Africa," Journal of Productivity Analysis, Springer, vol. 33(2), pages 125-146, April.
  19. World Bank, 2007. "Rwanda : Toward Sustained Growth and Competitiveness, Volume 2. Main Report," World Bank Other Operational Studies 7702, The World Bank.
  20. Oleg Badunenko & Daniel J. Henderson & Romain Houssa, 2012. "Significant Drivers of Growth in Africa," Working Papers 1208, University of Namur, Department of Economics.
  21. Krasnopjorovs, Olegs, 2013. "Latvijas ekonomikas izaugsmi noteicošie faktori
    [Factors of Economic Growth in Latvia]
    ," MPRA Paper 47550, University Library of Munich, Germany.

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