1887

n Africa Conflict Monthly Monitor - Inequality and growth : Africa's economic elephant in the room - : Africa-wide - monitoring economies

Volume 2013, Issue 11
  • ISSN :

Abstract

High inequality in sub-Saharan Africa (SSA) is hindering poverty reduction in the region, a World Bank report released in October 2013 states. To accelerate poverty relief would require "more inclusive growth processes" alongside current strong economic growth rates. Known in economic parlance as low 'growth elasticity of poverty', this feature of SSA's economy means that current levels of growth are not sufficient to adequately trigger poverty reduction in the region. This implies a greater risk of conflict for SSA; in particular, as those sections of the population that remain impoverished witness others acquiring greater wealth.

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/content/acmm/2013/11/EJC144772
2013-11-01
2020-09-27

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