Effects of Selected Macroeconomic Determinants on Consumption Expenditure in Sub-Saharan Africa

2022 ◽  
Vol 14 (1) ◽  
pp. 1
Author(s):  
Veronika Kajurová ◽  
Raymond K. Adjei
2019 ◽  
Vol 29 (1) ◽  
pp. 1-25
Author(s):  
La-Bhus Fah Jirasavetakul ◽  
Christoph Lakner

Abstract This paper uses a set of national household surveys to study the regional Sub-Saharan Africa distribution of consumption expenditure among individuals during 1993–2008. The analysis puts the disparities in living standards that exist among all persons in Africa into context with the disparities that exist within and between African countries. We find some evidence that African interpersonal inequality has increased, but this depends on the measure of inequality. The Africa-wide Gini increased from 53% in 1993 to 56% in 2008 in the full sample, compared with an increase from 54% to 56% in the balanced sample of countries. In the full sample, this result is robust to alternative measures of inequality, while in the balanced sample, some bottom-sensitive measures show a decline. Disparities in living standards between countries have increased, while there has been no systematic increase in within-country inequality. For the Africa-wide distribution, the growth of consumption expenditure (from household surveys) has been low (between 0.9% and 1.6% per year depending on the sample). This growth has been uneven such that the richest 5% of Africans received around 40% of the total gains.


2016 ◽  
Vol 16 (2) ◽  
pp. 313-347 ◽  
Author(s):  
Ehizuelen Michael Mitchell Omoruyi ◽  
Huang Meibo

On the question of whether external finance stimulates GDP growth, the profession offers inconclusive as well as frequent contradictory outcomes. While waiting for a robust consensus, this paper addressed directly the mechanisms through which external finance should influence economic growth. Investment was identify as the most significant transmission mechanism, and as well considers effects via funding regime consumption expenditure and import. By employing the residual generated repressors’, we accomplish a measure of the overall influence of external finance on economic growth, accounting for the influence through investment. Based on the pooled panel outcomes, a sample of twenty-five Sub-Saharan Africa economies were examine over the period of 1970–1997; the result indicates that there is a significant and positive effect of overseas assistance on economic growth, ceteris paribus. Based on average, each 1 % point upsurge in the aid/GNP ratio contributes one-quarter of 1 % point to the growth rate. Therefore, the poor economic growth in Africa should not be attributed to external finance ineffectiveness.


2020 ◽  
Author(s):  
Fabio Clementi ◽  
Michele Fabiani ◽  
Vasco Molini

Abstract The resurgence of economic growth over the last two decades in sub-Saharan Africa has recently come under scrutiny by scholars, the main criticism being the lack of inclusiveness. While studies on inequality in sub-Saharan Africa are becoming numerous, less attention has been devoted so far to the growing polarization the region is undergoing. Polarization, as distinct from inequality, refers to the tendency of shifting away from the centre of a distribution to its tails, creating a hollowed-out middle. This paper, using a set of sub-Saharan African national household surveys, provides a first estimate of the regional expenditures’ polarization. This latter steadily increased throughout the 2000s and its growth was mainly driven by increasing polarization between countries, meaning sub-Saharan Africa tended to polarize spatially, with the Southern cone countries and some Western African countries performing above the average, and the rest of the region lagging behind.


2020 ◽  
Vol 1/2020 (13) ◽  
pp. 23-39
Author(s):  
Kareem Abidemi Arikewuyo ◽  
◽  
Akeem Adekunle Adeyemi ◽  
Eunice Titilayo Omodara ◽  
Lateef Adewale Yunusa ◽  
...  

Prior studies have adduced unstable macroeconomic factors to stock price movement overtime but the relationship between the duo remained unsettled. Autoregressive Distributed Lag (ARDL) technique was used to reconcile the macroeconomic determinants with performance of stock markets in selected Sub-Saharan Africa (SSA) covering the period of 1999:1–2017:4. It was found that macroeconomic indicators were essential in determining stock market performance in Nigeria while South African stock market did not show any predictable linkage but the contemporaneous effect of oil price changes on stock market performance in selected SSA. The study, therefore, recommended that countries in SSA should reduce overdependence on oil to minimize external influence in order to promote stability of the stock markets.


2017 ◽  
Vol 1 (6) ◽  
pp. 533-537
Author(s):  
Lorenz von Seidlein ◽  
Borimas Hanboonkunupakarn ◽  
Podjanee Jittmala ◽  
Sasithon Pukrittayakamee

RTS,S/AS01 is the most advanced vaccine to prevent malaria. It is safe and moderately effective. A large pivotal phase III trial in over 15 000 young children in sub-Saharan Africa completed in 2014 showed that the vaccine could protect around one-third of children (aged 5–17 months) and one-fourth of infants (aged 6–12 weeks) from uncomplicated falciparum malaria. The European Medicines Agency approved licensing and programmatic roll-out of the RTSS vaccine in malaria endemic countries in sub-Saharan Africa. WHO is planning further studies in a large Malaria Vaccine Implementation Programme, in more than 400 000 young African children. With the changing malaria epidemiology in Africa resulting in older children at risk, alternative modes of employment are under evaluation, for example the use of RTS,S/AS01 in older children as part of seasonal malaria prophylaxis. Another strategy is combining mass drug administrations with mass vaccine campaigns for all age groups in regional malaria elimination campaigns. A phase II trial is ongoing to evaluate the safety and immunogenicity of the RTSS in combination with antimalarial drugs in Thailand. Such novel approaches aim to extract the maximum benefit from the well-documented, short-lasting protective efficacy of RTS,S/AS01.


1993 ◽  
Vol 47 (3) ◽  
pp. 555-556
Author(s):  
Lado Ruzicka

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