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Africa Development Indicators 2007

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  • World Bank

Abstract

The Africa Development Indicators 2007 essay explores the patterns of growth in Sub- Saharan Africa over the past three decades. It finds that the volatility of growth-an outcome of conflict, governance, and world commodity prices-has been greater than in any other region. Volatility has dampened expectations and investments-and has obscured some periods of good performance for some countries. The essay shows that pickups in growth were seldom sustained- indeed, that they were often followed by ferocious declines, and hence, Africa's flat economic performance over 1975-2005. The essay shows that avoiding economic declines is as important as promoting growth. Indeed, it may be more important for the poor, who gain less during the growth pickups and suffer more during the declines. The essay discusses a key question for economic policymakers in Africa: how best to sustain pickups in growth and its benefits. The Africa Development Indicators suite of products is designed to provide all those interested in Africa with a set of indicators to monitor development outcomes in the region and is an important reference tool for those who want a better understanding of the economic and social developments occurring in Africa.

Suggested Citation

  • World Bank, 2008. "Africa Development Indicators 2007," World Bank Publications, The World Bank, number 12363, November.
  • Handle: RePEc:wbk:wbpubs:12363
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/12363/9780821372838.pdf?sequence=5
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    References listed on IDEAS

    as
    1. World Economic Forum & World Bank & African Development Bank, 2007. "The Africa Competitiveness Report 2007," World Bank Publications, The World Bank, number 6612, November.
    2. John Page & Sonia Plaza, 2006. "Migration Remittances and Development: A Review of Global Evidence," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 15(2), pages 245-336, December.
    3. Tsimpo, Clarence & Wodon, Quentin, 2007. "Poverty among Cotton Producers: Evidence from West and Central Africa," MPRA Paper 10484, University Library of Munich, Germany.
    4. Nicolas Depetris Chauvin & Aart Kraay, 2005. "What Has 100 Billion Dollars Worth of Debt Relief Done for Low- Income Countries?," International Finance 0510001, University Library of Munich, Germany.
    5. Quentin Wodon, 2007. "Is There a Divergence Between Objective Measures and Subjective Perceptions of Poverty Trends? Evidence from West and Central Africa," World Bank Other Operational Studies 9554, The World Bank.
    6. Cull, Robert & Davis, Lance E. & Lamoreaux, Naomi R. & Rosenthal, Jean-Laurent, 2006. "Historical financing of small- and medium-size enterprises," Journal of Banking & Finance, Elsevier, vol. 30(11), pages 3017-3042, November.
    7. Freund, Caroline & Spatafora, Nikola, 2005. "Remittances : transaction costs, determinants, and informal flows," Policy Research Working Paper Series 3704, The World Bank.
    8. Mohammed El Qorchi & Samuel Munzele Maimbo & John F. Wilson, 2003. "Informal Funds Transfer Systems; An Analysis of the Informal Hawala System," IMF Occasional Papers 222, International Monetary Fund.
    9. Coulombe, Harold & Wodon, Quentin, 2007. "Combining census and household survey data for better targeting: The West and Central Africa Poverty Mapping Initiative," MPRA Paper 10483, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. repec:dau:papers:123456789/14195 is not listed on IDEAS
    2. Denis Cogneau & Kenneth Houngbedji & Sandrine Mesplé-Somps, 2013. "The fall of the elephant. Two decades of poverty increase in Côte d’Ivoire (1988 - 2008)," Post-Print hal-01517394, HAL.
    3. Andersen, Thomas Barnebeck & Dalgaard, Carl-Johan, 2013. "Power outages and economic growth in Africa," Energy Economics, Elsevier, vol. 38(C), pages 19-23.
    4. Denis Cogneau & Sandrine Mesplé-Somps & Gilles Spielvogel, 2010. "Development at the border : a study of national integration in post-colonial West Africa," Working Papers halshs-00966312, HAL.

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