Growth and Poverty Reduction in Sub-Saharan Africa: Macroeconomic Adjustment and Beyond

Posted: 30 Aug 2014

See all articles by David E. Sahn

David E. Sahn

Cornell University

Stephen D. Younger

Tulane University - CEQ Institute

Abstract

We begin this paper by taking a look back at the adjustment, growth, and poverty debate. Our analysis suggests that while the poor do not bear the disproportionate costs of adjustment policies, it is also the case that policy reforms have largely failed to contribute to the alleviation of poverty. We therefore explore the microeconomic, structural, and institutional constraints to growth and poverty reduction. The three areas that we concentrate on in terms of removing the structural and fundamentally microeconomic constraints that impede growth and poverty alleviation are human resource development, vulnerability and risk management, and fiscal management through decentralization.

Suggested Citation

Sahn, David E. and Younger, Stephen D., Growth and Poverty Reduction in Sub-Saharan Africa: Macroeconomic Adjustment and Beyond. Journal of African Economies, Vol. 13, AERC Suppl. 1, 2004. Available at SSRN: https://ssrn.com/abstract=569882

David E. Sahn (Contact Author)

Cornell University ( email )

B16 MVR Hall
Ithaca, NY 14853
United States
607-255-8931 (Phone)
607-255-0178 (Fax)

HOME PAGE: http://courses.cit.cornell.edu/des16

Stephen D. Younger

Tulane University - CEQ Institute ( email )

6823 St Charles Ave
New Orleans, LA 70118
United States

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