Money to the people in Africa

The past 20 years have witnessed fast and sustained economic growth in Africa, especially in  resource-rich countries, thanks to improved macroeconomic policies, buoyant commodity prices, and new mineral resource discoveries [World Bank (2013); Hostland and Giugale (2013)]. Despite such progress, poverty levels remain stubbornly high, and recent studies have shown that the current pace of economic growth and poverty reduction will not be enough to bring extreme poverty below 3 percent by 2030,  neither globally nor in Africa [see Dabalen and Nguyen (2013); Chandy et al. (2013)].  . . . → Read More:  Money to the People in Africa  (PDF –972Kb)

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