Inequality, Gender Gaps and Economic Growth

Inequality, Gender Gaps and Economic Growth
Author: Ms.Dalia S Hakura
Publisher: International Monetary Fund
Total Pages: 29
Release: 2016-09-23
Genre: Business & Economics
ISBN: 1475540345

A growing body of empirical evidence suggests that inequality—income or gender related—can impede economic growth. Using dynamic panel regressions and new time series data, this paper finds that both income and gender inequalities, including from legal gender-based restrictions, are jointly negatively associated with per capita GDP growth. Examining the relationship for countries at different stages of development, we find that this effect prevails mainly in lower income countries. In particular, per capita income growth in sub-Saharan Africa could be higher by as much as 0.9 percentage points on average if inequality was reduced to the levels observed in the fastgrowing emerging Asian countries. High levels of income inequality in sub-Saharan Africa appear partly driven by structural features. However, the paper’s findings show that policies that influence the opportunities of low-income households and women to participate in economic activities also matter and, therefore, if well-designed and targeted, could play a role in alleviating inequalities.

Income Inequality and Poverty Reduction in Sub-Saharan Africa

Income Inequality and Poverty Reduction in Sub-Saharan Africa
Author:
Publisher:
Total Pages: 51
Release: 2016
Genre:
ISBN: 9789279621031

Poverty reduction remains a cornerstone of development policy. Increasingly, this focus is complemented with concerns about the potential negative economic and social impact of inequalities or relative poverty. This is evident in the new Sustainable Development Goals, which introduced a new focus on inequalities with SDG 10 “Reduce inequality within and among countries”. Globally, income inequality between countries has been falling, reflecting a certain degree of catch up by developing countries. However, recent data shows that inequality within countries has risen in return. But what are the inequality trends in Sub-Saharan Africa where poverty reduction remains a key challenge, and where relative poverty is one of the key drivers of migration? What are the links between poverty reduction, inequality and economic growth? And what are the key drivers of inequality from an empirical point of view? This study focusses on these key questions in relation to income and consumption inequality. Other forms of inequality, for example in relation to inequality of opportunities, are outside the scope of this study.

World Inequality Report 2018

World Inequality Report 2018
Author: Facundo Alvaredo
Publisher: Belknap Press
Total Pages: 345
Release: 2018
Genre: Business & Economics
ISBN: 0674984552

World Inequality Report 2018 is the most authoritative and up-to-date account of global trends in inequality. Researched, compiled, and written by a team of the world's leading economists of inequality, it presents--with unrivaled clarity and depth--information and analysis that will be vital to policy makers and scholars everywhere. Inequality has taken center stage in public debate as the wealthiest people in most parts of the world have seen their share of the economy soar relative to that of others, many of whom, especially in the West, have experienced stagnation. The resulting political and social pressures have posed harsh new challenges for governments and created a pressing demand for reliable data. The World Inequality Lab at the Paris School of Economics and the University of California, Berkeley, has answered this call by coordinating research into the latest trends in the accumulation and distribution of income and wealth on every continent. This inaugural report analyzes the Lab's findings, which include data from major countries where information has traditionally been difficult to acquire, such as China, India, and Brazil. Among nations, inequality has been decreasing as traditionally poor countries' economies have caught up with the West. The report shows, however, that inequality has been steadily deepening within almost every nation, though national trajectories vary, suggesting the importance of institutional and policy frameworks in shaping inequality. World Inequality Report 2018 will be a key document for anyone concerned about one of the most imperative and contentious subjects in contemporary politics and economics.

The Disconcerting Pyramids of Poverty and Inequality of Sub-Saharan Africa

The Disconcerting Pyramids of Poverty and Inequality of Sub-Saharan Africa
Author: Paulo Silva Lopes
Publisher:
Total Pages: 30
Release: 2005
Genre: Africa, Sub-Saharan
ISBN:

Poverty and inequality in Sub-Saharan Africa (SSA) should not be ascertained only on the basis of scarce and unreliable income distribution statistics, but should also take into account social conditions. Recent, widely disseminated claims that poverty and inequality have increased over the past 30 years are based on regional income estimates with falling medians and rising upper variances over that period. Graphically, this translates into pyramid-shaped income distributions that, perversely, shift to the left and widen over time. However, during the same period social indicators improved significantly (if insufficiently), and we argue in this paper that such a trend represents progress with social equity in SSA. This point is illustrated through the configuration of alternative "social pyramids" that move for most of the last 30 years in the right direction. However, more recently, social indicators are being set back by the HIV/AIDS pandemic, which will generate greater and more dehumanizing poverty in the years ahead even if meaningful economic growth is achieved. As underscored by the multiplicity of "pyramid" representations, poverty and inequality time trends in SSA can thus best be described as disconcerting in that they remain arguably illusive and definitely disturbing.

Cancer in Sub-Saharan Africa

Cancer in Sub-Saharan Africa
Author: D. M. Parkin
Publisher: IARC Scientific Publications
Total Pages: 0
Release: 2018
Genre: History
ISBN: 9789283222200

The Cancer in Sub-Saharan Africa volume brings together population-based cancer incidence data from 25 cancer registries in 20 sub-Saharan African countries that are part of the African Cancer Registry Network. The compiled data in this volume, presented and commented upon by covered population and by anatomical site, are of tremendous value to the assessment of the pattern and evolution of cancer in Africa, as a means of elucidating, confirming, and evaluating causes of the disease.

Economic Growth and Poverty Reduction in Sub-Saharan Africa

Economic Growth and Poverty Reduction in Sub-Saharan Africa
Author: Andrew McKay
Publisher: Oxford University Press
Total Pages: 329
Release: 2015-10-29
Genre: Business & Economics
ISBN: 0191044121

After many years of disappointing performance, Sub-Saharan Africa has shown impressive growth performance since the start of the millenium. However, the impact of this on poverty reduction is still not well understood and this led the African Economics Research Consortium in Nairobi to undertake a major collaborative research project on the linkages between growth and poverty reduction in Sub-Saharan Africa. This volume is based on research undertaken by world leading researchers on major issues influencing the extent to which growth can translate into poverty reduction. The volume includes two review chapters on the impact of growth on poverty reduction, and on the impact of widespread poverty on economic growth, and argues that both relationships are important for understanding how growth and poverty reduction interact. The volume focuses, in detail, on the role of agriculture, the labour market, the informal sector, the industrial sector, the global context, and macroeconomic issues. All chapters comprise an extensive review of the existing literature and highlight new and important directions. As more information on the evolution of poverty and living conditions in Sub-Saharan Africa emerge, this volume is important in helping to interpret and explain that evidence.

Poverty in a Rising Africa

Poverty in a Rising Africa
Author: Kathleen Beegle
Publisher: World Bank Publications
Total Pages: 278
Release: 2016-03-10
Genre: Business & Economics
ISBN: 1464807248

Perceptions of Africa have changed dramatically. Viewed as a continent of wars, famines and entrenched poverty in the late 1990s, there is now a focus on “Africa rising†? and an “African 21st century.†? Two decades of unprecedented economic growth in Africa should have brought substantial improvements in well-being. Whether or not they did, remains unclear given the poor quality of the data, the nature of the growth process (especially the role of natural resources), conflicts that affect part of the region, and high population growth. Poverty in a Rising Africa documents the data challenges and systematically reviews the evidence on poverty from monetary and nonmonetary perspectives, as well as a focus on dimensions of inequality. Chapter 1 maps out the availability and quality of the data needed to track monetary poverty, reflects on the governance and political processes that underpin the current situation with respect to data production, and describes some approaches to addressing the data gaps. Chapter 2 evaluates the robustness of the estimates of poverty in Africa. It concludes that poverty reduction in Africa may be slightly greater than traditional estimates suggest, although even the most optimistic estimates of poverty reduction imply that more people lived in poverty in 2012 than in 1990. A broad-stroke profile of poverty and trends in poverty in the region is presented. Chapter 3 broadens the view of poverty by considering nonmonetary dimensions of well-being, such as education, health, and freedom, using Sen's (1985) capabilities and functioning approach. While progress has been made in a number of these areas, levels remain stubbornly low. Chapter 4 reviews the evidence on inequality in Africa. It looks not only at patterns of monetary inequality in Africa but also other dimensions, including inequality of opportunity, intergenerational mobility in occupation and education, and extreme wealth in Africa.

Growth and Poverty in Sub-Saharan Africa

Growth and Poverty in Sub-Saharan Africa
Author: Channing Arndt
Publisher: Oxford University Press
Total Pages: 499
Release: 2016
Genre: Business & Economics
ISBN: 019874479X

While the economic growth renaissance in sub-Saharan Africa is widely recognized, much less is known about progress in living conditions. This book comprehensively evaluates trends in living conditions in 16 major sub-Saharan African countries, corresponding to nearly 75% of the total population. A striking diversity of experience emerges. While monetary indicators improved in many countries, others are yet to succeed in channeling the benefits of economic growth into the pockets of the poor. Some countries experienced little economic growth, and saw little material progress for the poor. At the same time, the large majority of countries have made impressive progress in key non-monetary indicators of wellbeing. Overall, the African growth renaissance earns two cheers, but not three. While gains in macroeconomic and political stability are real, they are also fragile. Growth on a per capita basis is much better than in the 1980s and 1990s, yet not rapid compared with other developing regions. Importantly from a pan-African perspective, key economies-particularly Kenya, Nigeria, and South Africa-are not among the better performers. Looking forward, realistic expectations are required. The development process is, almost always, a long hard slog. Nevertheless, real and durable factors appear to be at play on the sub-continent with positive implications for growth and poverty reduction in future.