Sub-Saharan Africa: From Crisis to Sustainable Growth

1990 ◽  
Vol 33 (1) ◽  
pp. 146
Author(s):  
Scott Brunger ◽  
World Bank
2018 ◽  
Author(s):  
Shohibul Anshor Siregar

Sebelum menjadi wacana internasional yang secara otoritatif “dipaksakan” ke seluruh dunia pada dekade 1990-an, terminologi Good Governance (GG) pertama kali diperkenalkan oleh Bank Dunia (BD) dalam publikasinya (1989) berjudul Sub Saharan Africa: From Crisis to Sustainable Growth. BD memang sangat agresif mengkampanyekan konsep GG, bahkan memaksa dilakukannya penyesuaian-penyesuaian kelembagaan sebagai prasyarat mendapatkan bantuan pembangunan. Setiap negara wajib tunduk pada kriteria yang dibuat, dan para konsultan ditugasi untuk memperlancar proses itu.


Author(s):  
Senanu Kwasi Klutse

A wide range of policy-related variables have a persistent influence on economic growth. This has consistently maintained the interest of economists on the determinants of economic growth over the years. There is consensus however that for countries to grow sustainably, a lot of stall must be placed on higher savings rate as this makes it easy for such countries to grow faster because they endogenously allocate more resources to inventive activities. Due to data difficulties in Sub-Saharan Africa (SSA) it is nearly impossible for one to consider important variables such as accumulation of knowledge and human capital when analysing growth sustainability. Studying four lower middle-income countries in SSA – Ghana, Republic of Congo, Kenya and Lesotho – this study tests the hypothesis of sustainable growth by using a Dynamic Ordinary Least Square (DOLS) model to examine the relationship between savings, investment, budget deficit and the growth variable. The results showed that savings had a significant but negative relationship with the GDP per capita (PPP). A Granger Causality test conducted showed that savings does not granger cause GDP per capita (PPP), the HDI index, deficit and investment. This leads to the conclusion that growth in these countries are not sustainable. The study recommends that policy makers focus on the savings variable if these countries will want to achieve sustainable growth.


2019 ◽  
Vol 14 (1) ◽  
pp. 65-80
Author(s):  
Joseph Olorunfemi Akande ◽  
Farai Kwenda ◽  
Dev Tewari

Stimulating competition in the bank system without compromising the stability constitutes a major puzzle that bank regulators and practitioners face. Hitherto, empirical studies focusing on Sub-Saharan Africa in addressing these issues for the anticipated regional integration and sustainable growth are rare. This study applied structural equation modelling to simultaneously analyze competition, regulation and stability in a panel of 440 Sub-Saharan African commercial banks over the period from 2006 to 2015. The results provided evidence that competition affects stability via efficiency and that regulation affects stability via competition and efficiency. This study produced critical theoretical and methodological insights with substantial implications for the conduct of bank regulatory policy.


2021 ◽  
Author(s):  
Agostino N Meroni ◽  
Alessandra Mascitelli ◽  
Stefano Barindelli ◽  
Naomi Petrushevsky ◽  
Marco Manzoni ◽  
...  

<p>The H2020 TWIGA - Transforming Weather Water data into value-added Information services for sustainable Growth in Africa - project aims to establish various services in sub-Saharan Africa for a better management of water resources by linking satellite, in-situ and modelled information. The delivery of timely and accurate weather forecasts is one of the envisaged services. GNSS (Global Navigation Satellite Systems) and SAR (Synthetic Aperture Radar) data provide information on the atmospheric water vapor content, which can be assimilated into Numerical Weather Prediction (NWP) models. The assimilation enables these models to exploit observations for a better simulation of the atmospheric dynamics and the subsequent improvement of the forecasts. The activities related to GNSS, SAR and NWP integration are presented in what follows.</p><p>As for GNSS, the modeling of ionospheric errors was investigated for the recently deployed single-frequency low-cost sensors in Uganda. A quality assessment of three different algorithms (ANGBAS, SEID, goSEID) for synthetic L2 observations reconstruction, evaluating the impact on the Zenith Total Delay (ZTD) estimation, was carried out. The three methods show good performances with an overall accuracy ranging between 0.1 and 1 cm when the corrections are computed from geodetic stations at distances up to 65 km from the target receiver. Additionally, an operational system for the retrieval of near real-time GNSS ZTD was implemented. It shows a precision lower than 1 cm, compatible with the target requirements for the assimilation into NWP models.</p><p>GNSS is also used to perform the orbital corrections of the SAR products, reducing the large-scale errors like phase trends and biases. The merging of multiple Sentinel-1 frames to cover extended areas requires large computational resources. Work is ongoing to deal with the computationally intensive unwrapping of large interferograms. Moreover, the removal of ionospheric delays, which are not related to the water vapor content, is under development. </p><p>Concerning NWP, the Weather Research and Forecasting (WRF) model has been used, at cloud-resolving scales, to test the sensitivity of the simulations of three heavy rainfall events (in Uganda and in South Africa) to the Planetary Boundary Layer (PBL) and the microphysical numerical schemes. Non-local PBL schemes are found to outperform the local PBL scheme considered in the study, because they better describe the vertical atmospheric mixing. In parallel, by exploiting a multiphysics set of numerical simulations in West Africa, it was found that the spatial variability of the surface heat fluxes significantly affects the lower atmospheric dynamics. This happens through a differential heating of the atmosphere across soil moisture gradients. Experiments on the assimilation of water vapor data are ongoing.</p>


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