2018
DOI: 10.2139/ssrn.3163309
|View full text |Cite
|
Sign up to set email alerts
|

Understanding Sub-Saharan Africa's Extreme Poverty Tragedy

Abstract: Motivated by a recent World Bank report on achieving of Millennium Development Goals which shows that poverty has been declining in all regions of the world with the exception of sub-Saharan Africa (SSA), this study puts some empirical structure to theoretical and qualitative studies on the reconciliation of the Beijing Model with the Washington Consensus.It tests the hypothesis that compared to middle income countries, low income countries would achieve more inclusive development by focusing on economic gover… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
5

Citation Types

0
32
0

Year Published

2018
2018
2020
2020

Publication Types

Select...
8

Relationship

1
7

Authors

Journals

citations
Cited by 25 publications
(32 citation statements)
references
References 54 publications
0
32
0
Order By: Relevance
“…The positioning of this study also departs from recent inclusive development literature that has focused on, inter alia: the relationship between foreign investment and income inequality (Kaulihowa & Adjasi, 2018); nexuses between consumption, income and the wealth of the most poor in SSA (De Magalhães & Santaeulàlia-Llopis, 2018); linkages between corruption and inequality (Sulemana & Kpienbaareh, 2018); gender inequality (Bayraktar & Fofack, 2018;Mannah-Blankson, 2018;Elu, 2018); connections between information sharing, education, finance and inequality (Tchamyou, 2020(Tchamyou, , 2019; and understanding the poverty tragedy of SSA in the light of dominant paradigms of economic development (Asongu & le Roux, 2019).…”
Section: Introductionmentioning
confidence: 99%
“…The positioning of this study also departs from recent inclusive development literature that has focused on, inter alia: the relationship between foreign investment and income inequality (Kaulihowa & Adjasi, 2018); nexuses between consumption, income and the wealth of the most poor in SSA (De Magalhães & Santaeulàlia-Llopis, 2018); linkages between corruption and inequality (Sulemana & Kpienbaareh, 2018); gender inequality (Bayraktar & Fofack, 2018;Mannah-Blankson, 2018;Elu, 2018); connections between information sharing, education, finance and inequality (Tchamyou, 2020(Tchamyou, , 2019; and understanding the poverty tragedy of SSA in the light of dominant paradigms of economic development (Asongu & le Roux, 2019).…”
Section: Introductionmentioning
confidence: 99%
“…First, the recent economic development in sub‐Saharan Africa (SSA) has been characterized by exclusive growth (Asongu & Kodila‐Tedika, ; Kuada, ). This is essentially because since the mid‐1990s, the number of people living in extreme poverty in the subregion has been consistently rising (Asongu & le Roux, ; Tchamyou, ). This is surprising, in spite of more than two decades of growth resurgence in the subregion (Tchamyou, ).…”
Section: Introductionmentioning
confidence: 99%
“…On the policy front, according to a recent report by the United Nations Development Programme (UNDP), SSA is unlikely to achieve most SDGs unless the concern of income inequality is addressed (UNDP, 2017). The recommendation of the United Nations is supported by the attendant empirical literature (Asongu & Kodila-Tedika, 2017;McGeown, 2017;Asongu & le Roux, 2019;Tchamyou, 2019aTchamyou, , 2019b which is consistent on the importance of substantially curtailing inequality in order to put the sub-region on track to the achievement of SDGs. For instance, Bicaba, Brixiova and Ncube (2017) have established that countries in the sub-region are unlikely to reduce extreme poverty to the target of below 3% unless inequality is critically dealt with: "This paper examines its feasibility for Sub-Saharan Africa (SSA), the world's poorest but growing region.…”
Section: Introductionmentioning
confidence: 89%