Economic performance and social progress in Sub-Saharan Africa:

2017 ◽  
pp. 225-250
Author(s):  
Manmohan Agarwal ◽  
Natasha Pirzada
2016 ◽  
Vol 40 (6) ◽  
pp. 1336-1343 ◽  
Author(s):  
Mekam T. Okoye ◽  
Evelyn T. Nguyen ◽  
Adam L. Kushner ◽  
Emmanuel A. Ameh ◽  
Benedict C. Nwomeh

2021 ◽  
Vol 35 (3) ◽  
pp. 133-156
Author(s):  
Belinda Archibong ◽  
Brahima Coulibaly ◽  
Ngozi Okonjo-Iweala

Over three decades after market-oriented structural reforms termed “Washington Consensus” policies were first implemented, we revisit the evidence on policy adoption and the effects of these policies on socio-economic performance in sub-Saharan African countries. We focus on three key ubiquitous reform policies around privatization, fiscal discipline, and trade openness and document significant improvements in economic performance for reformers over the past two decades. Following initial declines in per capita economic growth over the 1980s and 1990s, reform adopters experienced notable increases in per capita real GDP growth in the post-2000 period. We complement aggregate analysis with four country case studies that highlight important lessons for effective reform. Notably, the ability to implement pro-poor policies alongside market-oriented reforms played a central role in successful policy performance.


2016 ◽  
Vol 19 (2) ◽  
pp. 1-18
Author(s):  
Hammed Adetola Adefeso

Abstract This study examined the effect of government expenditure on its disaggregated level on economic growth in a sample of 20 sub-Saharan African Countries over the period of 1980-2010 in a dynamic panel data model. The result from Generalised Method of Moments (GMM) revealed an inverse relationship between productive government expenditure and economic growth in sub-Sahara Africa. Also, productive government expenditures were not actually productive most especially when financed by non-distortonary government tax revenue in sub-Saharan African countries. The study concluded that the productive government expenditure and its corresponding source of the mode of financing were counterproductive for economic performance in the African countries.


2019 ◽  
Vol 13 (1) ◽  
pp. 1-10
Author(s):  
Mutiu Abimbola O ◽  
Abdulfatai A. Adedeji ◽  
Rasheed Oluwaseun

Author(s):  
Johannes Wolfgang Fedderke ◽  
Nicola Viegi ◽  
Julius Agbor

2020 ◽  
pp. 097674792091511
Author(s):  
Dejene Mamo Bekana

Based on empirical panel data for a sample of 37 sub-Saharan African economies for 1996–2016, this inquiry examines the extent to which institutional quality explains the existing cross-country difference in economic performance in sub-Saharan Africa. While most of the existing studies focus only on the direct effect of institutional quality, this article investigates the direct and indirect effects of institutions. It also reflects on impact of the interaction between institutional quality and innovation on economic growth in developing countries. The evidence provides very strong support for the direct effect of institutional quality development on economic performance as well as for its indirect effect via its impact on innovation. However, the results do not support theories that argue in favour of interaction between institutional quality such as democracy, governance quality and innovation, thereby pointing to the need for better calibration of the numerous existing theoretical postulations and related empirical measures. JEL: D70, D72, O15, O30, O31, O55


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