Raising Growth and Investment in Sub-Saharan Africa
Sub-Saharan Africa's long-term growth performance will need to improve significantly for the region to visibly reduce poverty and raise the standard of living to an acceptable level. Appropriate actions will also be needed to ensure that an ad...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2001/06/1552098/raising-growth-investment-sub-saharan-africa http://hdl.handle.net/10986/9807 |
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okr-10986-98072021-04-23T14:02:47Z Raising Growth and Investment in Sub-Saharan Africa Hernanadez-Cata, Ernesto ECONOMIC GROWTH INVESTMENT POVERTY REDUCTION BUSINESS ENVIRONMENT RISKS MACROECONOMIC STABILITY LEGAL SYSTEMS POLITICAL RISKS TAX RATES ARMED CONFLICTS DEBT OVERHANG PUBLIC POLICY EDUCATIONAL STANDARDS HEALTH STANDARDS LABOR PRODUCTIVITY CORRUPTION INFRASTRUCTURAL CONSTRAINTS INTERNATIONAL TRADE EXCHANGE RATES HIV VIRUSES ACQUIRED IMMUNE DEFICIENCY SYNDROME STANDARD OF LIVING PUBLIC GOODS ALLOCATION OF RESOURCES AGRICULTURAL SUBSIDIES AUDITS BAD GOVERNANCE BUDGET DEFICITS CAPITAL FLIGHT CAPITAL FORMATION CARTELS CIVIL SOCIETY COMPETITIVE EXCHANGE COMPETITIVE EXCHANGE RATES CORRUPTION DEBT DEBT RELIEF DEVELOPING COUNTRIES DRINKING WATER ECONOMIC EFFICIENCY ECONOMIC GROWTH EMPIRICAL LITERATURE EMPIRICAL STUDIES EXCHANGE RATES FOREIGN INVESTORS GOVERNANCE ISSUES GROWTH PERFORMANCE HEALTH CARE HIGH INFLATION HUMAN CAPITAL INCOME INCOME GROWTH INFLATION INTERNATIONAL COMMUNITY INTERNATIONAL TRADE LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LEGAL SYSTEMS MACROECONOMIC INSTABILITY MEDIUM TERM PER CAPITA INCOME POVERTY ALLEVIATION POVERTY REDUCTION PRODUCERS PRODUCTIVITY PUBLIC FUNDS PUBLIC GOODS PUBLIC INVESTMENT PUBLIC SECTOR QUOTAS REDUCING POVERTY REFUGEES RURAL AREAS SCHOOLS SOCIAL POLICY SOCIAL SERVICES TAX BASE TAX RATES TRADE LIBERALIZATION TRADE POLICY TRANSACTION COSTS WAGES WORKERS Sub-Saharan Africa's long-term growth performance will need to improve significantly for the region to visibly reduce poverty and raise the standard of living to an acceptable level. Appropriate actions will also be needed to ensure that an adequate share of the growing income is devoted to reducing poverty. The key policy question for these countries and their development partners is how to spur economic growth. Empirical studies suggest that the contributions to growth of physical investment and total factor productivity in sub-Saharan Africa have been low in comparison with other regions and have declined over time. These trends have reflected inefficiencies in resource allocation, poor delivery of public goods, notably health care and education; and the high risk of doing business in many parts of the region. Moreover, although the labor force has expanded rapidly, its productivity has remained relatively low because of generally poor standards of health and education. 2012-08-13T09:35:22Z 2012-08-13T09:35:22Z 2001-06 http://documents.worldbank.org/curated/en/2001/06/1552098/raising-growth-investment-sub-saharan-africa http://hdl.handle.net/10986/9807 English Africa Region Findings & Good Practice Infobriefs; No. 185 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Africa |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ECONOMIC GROWTH INVESTMENT POVERTY REDUCTION BUSINESS ENVIRONMENT RISKS MACROECONOMIC STABILITY LEGAL SYSTEMS POLITICAL RISKS TAX RATES ARMED CONFLICTS DEBT OVERHANG PUBLIC POLICY EDUCATIONAL STANDARDS HEALTH STANDARDS LABOR PRODUCTIVITY CORRUPTION INFRASTRUCTURAL CONSTRAINTS INTERNATIONAL TRADE EXCHANGE RATES HIV VIRUSES ACQUIRED IMMUNE DEFICIENCY SYNDROME STANDARD OF LIVING PUBLIC GOODS ALLOCATION OF RESOURCES AGRICULTURAL SUBSIDIES AUDITS BAD GOVERNANCE BUDGET DEFICITS CAPITAL FLIGHT CAPITAL FORMATION CARTELS CIVIL SOCIETY COMPETITIVE EXCHANGE COMPETITIVE EXCHANGE RATES CORRUPTION DEBT DEBT RELIEF DEVELOPING COUNTRIES DRINKING WATER ECONOMIC EFFICIENCY ECONOMIC GROWTH EMPIRICAL LITERATURE EMPIRICAL STUDIES EXCHANGE RATES FOREIGN INVESTORS GOVERNANCE ISSUES GROWTH PERFORMANCE HEALTH CARE HIGH INFLATION HUMAN CAPITAL INCOME INCOME GROWTH INFLATION INTERNATIONAL COMMUNITY INTERNATIONAL TRADE LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LEGAL SYSTEMS MACROECONOMIC INSTABILITY MEDIUM TERM PER CAPITA INCOME POVERTY ALLEVIATION POVERTY REDUCTION PRODUCERS PRODUCTIVITY PUBLIC FUNDS PUBLIC GOODS PUBLIC INVESTMENT PUBLIC SECTOR QUOTAS REDUCING POVERTY REFUGEES RURAL AREAS SCHOOLS SOCIAL POLICY SOCIAL SERVICES TAX BASE TAX RATES TRADE LIBERALIZATION TRADE POLICY TRANSACTION COSTS WAGES WORKERS |
| spellingShingle |
ECONOMIC GROWTH INVESTMENT POVERTY REDUCTION BUSINESS ENVIRONMENT RISKS MACROECONOMIC STABILITY LEGAL SYSTEMS POLITICAL RISKS TAX RATES ARMED CONFLICTS DEBT OVERHANG PUBLIC POLICY EDUCATIONAL STANDARDS HEALTH STANDARDS LABOR PRODUCTIVITY CORRUPTION INFRASTRUCTURAL CONSTRAINTS INTERNATIONAL TRADE EXCHANGE RATES HIV VIRUSES ACQUIRED IMMUNE DEFICIENCY SYNDROME STANDARD OF LIVING PUBLIC GOODS ALLOCATION OF RESOURCES AGRICULTURAL SUBSIDIES AUDITS BAD GOVERNANCE BUDGET DEFICITS CAPITAL FLIGHT CAPITAL FORMATION CARTELS CIVIL SOCIETY COMPETITIVE EXCHANGE COMPETITIVE EXCHANGE RATES CORRUPTION DEBT DEBT RELIEF DEVELOPING COUNTRIES DRINKING WATER ECONOMIC EFFICIENCY ECONOMIC GROWTH EMPIRICAL LITERATURE EMPIRICAL STUDIES EXCHANGE RATES FOREIGN INVESTORS GOVERNANCE ISSUES GROWTH PERFORMANCE HEALTH CARE HIGH INFLATION HUMAN CAPITAL INCOME INCOME GROWTH INFLATION INTERNATIONAL COMMUNITY INTERNATIONAL TRADE LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LEGAL SYSTEMS MACROECONOMIC INSTABILITY MEDIUM TERM PER CAPITA INCOME POVERTY ALLEVIATION POVERTY REDUCTION PRODUCERS PRODUCTIVITY PUBLIC FUNDS PUBLIC GOODS PUBLIC INVESTMENT PUBLIC SECTOR QUOTAS REDUCING POVERTY REFUGEES RURAL AREAS SCHOOLS SOCIAL POLICY SOCIAL SERVICES TAX BASE TAX RATES TRADE LIBERALIZATION TRADE POLICY TRANSACTION COSTS WAGES WORKERS Hernanadez-Cata, Ernesto Raising Growth and Investment in Sub-Saharan Africa |
| geographic_facet |
Africa |
| relation |
Africa Region Findings & Good Practice Infobriefs; No. 185 |
| description |
Sub-Saharan Africa's long-term
growth performance will need to improve significantly for
the region to visibly reduce poverty and raise the standard
of living to an acceptable level. Appropriate actions will
also be needed to ensure that an adequate share of the
growing income is devoted to reducing poverty. The key
policy question for these countries and their development
partners is how to spur economic growth. Empirical studies
suggest that the contributions to growth of physical
investment and total factor productivity in sub-Saharan
Africa have been low in comparison with other regions and
have declined over time. These trends have reflected
inefficiencies in resource allocation, poor delivery of
public goods, notably health care and education; and the
high risk of doing business in many parts of the region.
Moreover, although the labor force has expanded rapidly, its
productivity has remained relatively low because of
generally poor standards of health and education. |
| format |
Publications & Research :: Brief |
| author |
Hernanadez-Cata, Ernesto |
| author_facet |
Hernanadez-Cata, Ernesto |
| author_sort |
Hernanadez-Cata, Ernesto |
| title |
Raising Growth and Investment in Sub-Saharan Africa |
| title_short |
Raising Growth and Investment in Sub-Saharan Africa |
| title_full |
Raising Growth and Investment in Sub-Saharan Africa |
| title_fullStr |
Raising Growth and Investment in Sub-Saharan Africa |
| title_full_unstemmed |
Raising Growth and Investment in Sub-Saharan Africa |
| title_sort |
raising growth and investment in sub-saharan africa |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2001/06/1552098/raising-growth-investment-sub-saharan-africa http://hdl.handle.net/10986/9807 |
| _version_ |
1764410736132489216 |