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Globalization, Growth, Inequality and Poverty in Africa: A Macroeconomic Perspective

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  • Round, Jeffery I.

Abstract

The last two decades has witnessed an increase in globalizing influences affecting most countries, Africa included. These influences have arisen partly as a result of domestic and international policies, such as trade policies, and partly as a result of general globalizing impulses, such as technological developments and enhanced communications. The single overarching objective of this paper is to outline the macro evidence on the extent to which globalization is taking place and poverty is reducing in Africa, and to consider this to both characteristics of the region (i.e., within the region) and relative to other global regions. It draws on some of the most recent evidence about the globalizing processes in various forms so as to try to determine the speed and extent of globalization in Africa. This helps to put into proper perspective the impact of globalization on poverty and inequality. It is essentially a partial and descriptive approach, at best indicative of associations, and stops short of attempting to identify, empirically, channels of influence and causal relationships.

Suggested Citation

  • Round, Jeffery I., 2007. "Globalization, Growth, Inequality and Poverty in Africa: A Macroeconomic Perspective," WIDER Working Paper Series 055, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:rp2007-55
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    Cited by:

    1. Hisako Kai & Shigeyuki Hamori, 2009. "Globalization, financial depth, and inequality in Sub-Saharan Africa," Economics Bulletin, AccessEcon, vol. 29(3), pages 2025-2037.
    2. Alastaire Sèna ALINSATO, 2015. "Globalization, Poverty And Role Of Infrastructures," Journal of Economics and Political Economy, KSP Journals, vol. 2(1s), pages 197-212, May.
    3. Bryceson, Deborah & Sarkar, Prabirjit & Fennell, Shailaja & Singh, Ajit, 2010. "Globalization, structural adjustment and african agriculture: analysis and evidence," MPRA Paper 39045, University Library of Munich, Germany.

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