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Sustaining Growth Accelerations and Pro-Poor Growth in Africa

Author

Listed:
  • Sanjeev Gupta
  • Catherine A Pattillo
  • Kevin J Carey

Abstract

Are improvements in growth in Sub-Saharan Africa (SSA) since the mid-1990s sustainable? What types of growth strategies contribute the most to reducing poverty? This paper examines these questions in four stages. First, it explores the factors contributing to the post- 1995 improvement in growth. Second, to shed some light on factors associated with substantial jumps in growth rates that are sustained in the medium term, an analysis of the correlates of growth accelerations is presented. Third, the paper examines the consistency of the SSA data with some important predictions from the literature directly linking such areas as fiscal policy, financial development, or institutions and growth. Fourth, it reviews recent evidence regarding lessons on the type of growth process that is most effective at raising the incomes of the poor.

Suggested Citation

  • Sanjeev Gupta & Catherine A Pattillo & Kevin J Carey, 2005. "Sustaining Growth Accelerations and Pro-Poor Growth in Africa," IMF Working Papers 05/195, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:05/195
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Naudé, Wim & Matthee, Marianne, 2012. "Do Export Costs Matter in Determining Whether, When, and How Much African Firms Export?," Working Papers 38, JICA Research Institute.
    2. Fofack, Hippolyte, 2008. "Technology trap and poverty trap in Sub-Saharan Africa," Policy Research Working Paper Series 4582, The World Bank.
    3. Alex Segura-Ubiergo & Alejandro Simone & Sanjeev Gupta & Qiang Cui, 2010. "New Evidence on Fiscal Adjustment and Growth in Transition Economies," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 52(1), pages 18-37, March.
    4. Corinne Deléchat & Ejona Fuli & Dafina Glaser & Gustavo Ramirez & Rui Xu, 2015. "Exiting From Fragility in sub-Saharan Africa; The Role of Fiscal Policies and Fiscal Institutions," IMF Working Papers 15/268, International Monetary Fund.
    5. Jean-Claude Nachega & Thomson Fontaine, 2006. "Economic Growth and Total Factor Productivity in Niger," IMF Working Papers 06/208, International Monetary Fund.
    6. Paul Collier & Anthony J. Venables, 2007. "Rethinking Trade Preferences: How Africa Can Diversify its Exports," The World Economy, Wiley Blackwell, vol. 30(8), pages 1326-1345, August.
    7. Chris Papageorgiou & Andrew Berg & Catherine A Pattillo & Nicola Spatafora, 2010. "The End of An Era? the Medium- and Long-Term Effects of the Global Crisison Growth in Low-Income Countries," IMF Working Papers 10/205, International Monetary Fund.
    8. Bigsten, Arne, 2006. "Aid and Economic Development in Africa," Working Papers in Economics 237, University of Gothenburg, Department of Economics.
    9. Wadad Saad, 2017. "Economic Growth and Total Factor Productivity in Lebanon," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 9(2), pages 159-171, February.
    10. Bourguignon, Francois & Diaz-Bonilla, Carolina & Lofgren, Hans, 2008. "Aid, service delivery, and the millennium development goals in an economy-wide framework," Policy Research Working Paper Series 4683, The World Bank.
    11. Patrick Guillaumont & Laurent Wagner, 2012. "Aid and Growth Accelerations: Vulnerability Matters," Post-Print halshs-00692388, HAL.
    12. repec:unu:wpaper:wp2012-31 is not listed on IDEAS
    13. Berg, Andrew & Ostry, Jonathan D. & Zettelmeyer, Jeromin, 2012. "What makes growth sustained?," Journal of Development Economics, Elsevier, vol. 98(2), pages 149-166.
    14. repec:wbk:wbpubs:28041 is not listed on IDEAS
    15. KAMGNIA, Dia B., 2009. "Growth Intensity Of Employment In Africa: A Panel Data Approach," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 9(2).
    16. Charalambos G Tsangarides, 2012. "Determinants of Growth Spells; Is Africa Different?," IMF Working Papers 12/227, International Monetary Fund.
    17. Fofack, Hippolyte, 2009. "Africa and Arab Gulf states : divergent development paths and prospects for convergence," Policy Research Working Paper Series 5025, The World Bank.
    18. Nganou, Jean-Pascal & Kebede, Ephraim, 2012. "Sources of Growth in Post-Conflict Burundi: From Destruction to Production," MPRA Paper 43577, University Library of Munich, Germany.
    19. 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.
    20. Alege, Philip & Ogundipe, Adeyemi, 2013. "The Role of Services Trade in Economic Development," MPRA Paper 51695, University Library of Munich, Germany.
    21. Yogo, Urbain Thierry, 2008. "Croissance et Emploi en Afrique Subsaharienne:Evidence théorique et Faits Empiriques
      [Growth and Employment In Subsaharan Africa: Theoretical Evidence and Empirical Facts]
      ," MPRA Paper 10474, University Library of Munich, Germany, revised 17 Sep 2008.

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