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Are the Cheetahs Tracking the Tigers? Probing High Growth Rates in Africa

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  • Degol Hailu

    ()
    (UNDP SURF)

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    Abstract

    African economies are growing. Between 2000 and 2007, GDP growth for the whole region averaged 4.4 per cent. Five countries managed to grow by more than 7 per cent. This magical number is often used as a benchmark for achievement of the Millennium Development Goals (MDGs). In another 14 countries, growth rates were at 5?6 per cent, even despite negative per capita growth for 12 of the 47 sub-Saharan countries. For instance, growth shrank by 5.6 per cent in Zimbabwe, by 2.2 in Cote d?Ivoire, by 3.3 per cent in Eritrea, and by 1.4 per cent in the Central African Republic.

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    File URL: http://www.ipc-undp.org/pub/IPCOnePager70.pdf
    File Function: First version, 2008
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    Bibliographic Info

    Paper provided by International Policy Centre for Inclusive Growth in its series One Pager with number 70.

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    Length: 1
    Date of creation: Nov 2008
    Date of revision:
    Publication status: Published by UNDP - International Poverty Centre, November 2008, pages 1-1
    Handle: RePEc:ipc:opager:70

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    Keywords: Are the Cheetahs Tracking the Tigers? Probing High Growth Rates in Africa;

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    1. Identifying growth-oriented enterprises: the “constrained gazelles”
      by kariobangi in Kariobangi on 2012-02-18 12:11:30

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