Price distortions and economic growth in Sub-Saharan Africa
Author: Kym Anderson
Publisher:
Published: 2011
Total Pages: 34
ISBN-13:
DOWNLOAD EBOOKRead and Download eBook Full
Author: Kym Anderson
Publisher:
Published: 2011
Total Pages: 34
ISBN-13:
DOWNLOAD EBOOKAuthor: Kym Anderson
Publisher:
Published: 2012
Total Pages: 55
ISBN-13:
DOWNLOAD EBOOKAuthor: Mr.Anupam Basu
Publisher: International Monetary Fund
Published: 2000-10-02
Total Pages: 24
ISBN-13: 9781557759665
DOWNLOAD EBOOKAfrica is the world’s poorest continent, but amid all the bad news, there is hope for change. This pamphlet examines the lessons to be learned from some of the more successful economies south of the Sahara, and discusses a policy framework to promote sustainable economic growth and reduce poverty across the region.
Author: Kwabena Gyimah-Brempong
Publisher:
Published: 1996
Total Pages: 16
ISBN-13:
DOWNLOAD EBOOKAuthor: Kym Anderson
Publisher: World Bank Publications
Published: 2009-03-13
Total Pages: 656
ISBN-13: 0821376640
DOWNLOAD EBOOKThe vast majority of the world s poorest households depend on farming for their livelihoods. During the 1960s and 1970s, most developing countries imposed pro-urban and anti-agricultural policies, while many high-income countries restricted agricultural imports and subsidized their farmers. Both sets of policies inhibited economic growth and poverty alleviation in developing countries. Although progress has been made over the past two decades to reduce those policy biases, many trade- and welfare-reducing price distortions remain between agriculture and other sectors and within the agricultural sector of both rich and poor countries. Comprehensive empirical studies of the disarray in world agricultural markets appeared approximately 20 years ago. Since then, the Organisation for Economic Co-operation and Development has provided estimates each year of market distortions in high-income countries, but there have been no comparable estimates for the world s developing countries. This volume is the third in a series (other volumes cover Asia, Europe s transition economies, and Latin America and the Caribbean) that not only fills that void for recent years but extends the estimates in a consistent and comparable way back in time and provides analytical narratives for scores of countries that shed light on the evolving nature and extent of policy interventions over the past half-century. 'Distortions to Agricultural Incentives in Africa' provides an overview of the evolution of distortions to agricultural incentives caused by price and trade policies in the Arab Republic of Egypt plus 20 countries that account for about of 90 percent of Sub-Saharan Africa s population, farm households, agricultural output, and overall GDP. Sectoral, trade, and exchange rate policies in the region have changed greatly since the 1950s, and there have been substantial reforms since the 1980s. Nonetheless, numerous price distortions in this region remain, others have been added in recent years, and there has also been some backsliding, such as in Zimbabwe. The new empirical indicators in these country studies provide a strong evidence-based foundation for assessing the successes and failures of the past and for evaluating policy options for the years ahead.
Author: Francisco Arizala
Publisher: International Monetary Fund
Published: 2017-09-08
Total Pages: 37
ISBN-13: 1484314166
DOWNLOAD EBOOKThis paper examines the growth performance of sub-Saharan African countries since 1960 through the lens of growth turning points (accelerations and decelerations) and periods of sustained growth (growth spells). Growth accelerations are generally associated with improved external conditions, increased investment and trade openness, declines in inflation, better fiscal balances, and improvements in the institutional environment. Transitioning from growth accelerations to growth spells often requires additional efforts beyond what is needed to trigger an acceleration. Growth spells are sustained by fiscal policy that prevents excessive public debt accumulation, monetary policy geared toward low inflation, outward-oriented trade policies, and structural policies that reduce market distortions, as well as supportive external environment and improvements in democratic institutions. Overall, determinants of growth spells in sub-Saharan Africa are different from those in the rest of the emerging and developing countries.
Author: Mr.Dhaneshwar Ghura
Publisher: International Monetary Fund
Published: 1995-12-01
Total Pages: 32
ISBN-13: 1451855753
DOWNLOAD EBOOKThe paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public policies that lower the budget deficit in relation to GDP (without reducing government investment), reduce the rate of inflation, maintain external competitiveness, promote structural reforms, encourage human capital development, and slow population growth; and (iii) convergence of per capita income occurs after controlling for human capital development and public policies.
Author: Cesar Calderon
Publisher: World Bank Publications
Published: 2018-10-03
Total Pages: 120
ISBN-13: 1464813655
DOWNLOAD EBOOK"Africa's Pulse is a biannual publication containing an analysis of the near-term macroeconomic outlook for the region. Each issue also includes a section focusing upon a topic that represents a particular development challenge for the continent. It is produced by the Office of the Chief Economist for the Africa Region of the World Bank. Recent data point to a weakening of economic growth in Sub-Saharan Africa in 2018, according to the new Africa's Pulse, a bi-annual analysis of the state of African economies conducted by the World Bank. The growth slowdown can be attributed to the lower than expected performance of the large countries in the region (South Africa and Nigeria). The downswing reflects poorer performance in agriculture following droughts and lower performance of commodity sectors."
Author: Andrew D. McKay
Publisher: Oxford University Press, USA
Published: 2015
Total Pages: 329
ISBN-13: 019872845X
DOWNLOAD EBOOKBased on the results of a major collaborative research project led by the African Economics Research Consortium.
Author: Ibrahim Elbadawi
Publisher: World Bank Publications
Published: 1992
Total Pages: 72
ISBN-13:
DOWNLOAD EBOOKThe observed decline of agriculture and the general worsening of economic conditions in Sub-Saharan Africa are linked to economic distortions, which limit growth.