Why Africa is Poor

2012-10-01 Business & Economics

Author : Greg Mills
Release : 2012-10-01
Genre : Business & Economics
Kind : eBook
Book Rating : 03X/5 ( reviews)

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Book Synopsis Why Africa is Poor by : Greg Mills

Download or read book Why Africa is Poor written by Greg Mills. This book was released on 2012-10-01. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth does not demand a secret formula. Good development examples now abound in East Asia and further afield in others parts of Asia, and in Central America. But why then has Africa failed to realise its potential in half a century of independence? Why Africa is Poor demonstrates that Africa is poor not because the world has denied the continent the market and financial means to compete: far from it. It has not been because of aid per se. Nor is African poverty solely a consequence of poor infrastructure or trade access, or because the necessary development and technical expertise is unavailable internationally. Why then has the continent lagged behind other developing areas when its people work hard and the continent is blessed with abundant natural resources? Stomping across the continent and the developing world in search of the answer, Greg Mills controversially shows that the main reason why Africa's people are poor is because their leaders have made this choice.

The African Poor

1987-12-25 History

Author : John Iliffe
Release : 1987-12-25
Genre : History
Kind : eBook
Book Rating : 775/5 ( reviews)

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Book Synopsis The African Poor by : John Iliffe

Download or read book The African Poor written by John Iliffe. This book was released on 1987-12-25. Available in PDF, EPUB and Kindle. Book excerpt: This history of the poor of Sub-Saharan Africa begins in the monasteries of thirteenth-century Ethiopia and ends in the South African resettlement sites of the 1980s. Its thesis, derived from histories of poverty in Europe, is that most very poor Africans have been individuals incapacitated for labour, bereft of support, and unable to fend for themselves in a land-rich economy. There has emerged the distinct poverty of those excluded from access to productive resources. Natural disaster brought widespread destitution, but as a cause of mass mortality it was almost eliminated in the colonial era, to return to those areas where drought has been compounded by administrative breakdown. Professor Iliffe investigates what it was like to be poor, how the poor sought to help themselves, how their counterparts in other continents live. The poor live as people, rather than merely parading as statistics. Famines have alerted the world to African poverty, but the problem itself is ancient. Its prevailing forms will not be understood until those of earlier periods are revealed and trends of change are identified. This is a book for all concerned with the future of Africa, as well as for students of poverty elsewhere.

Africa Unchained

2016-04-30 Political Science

Author : G. Ayittey
Release : 2016-04-30
Genre : Political Science
Kind : eBook
Book Rating : 781/5 ( reviews)

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Book Synopsis Africa Unchained by : G. Ayittey

Download or read book Africa Unchained written by G. Ayittey. This book was released on 2016-04-30. Available in PDF, EPUB and Kindle. Book excerpt: In Africa Unchained , George Ayittey takes a controversial look at Africa's future and makes a number of daring suggestions. Looking at how Africa can modernize, build, and improve their indigenous institutions which have been castigated by African leaders as 'backward and primitive', Ayittey argues that Africa should build and expand upon these traditions of free markets and free trade. Asking why the poorest Africans haven't been able to prosper in the Twenty-first-century, Ayittey makes the answer obvious: their economic freedom was snatched from them. War and conflict replaced peace and the infrastructure crumbled. In a book that will be pondered over and argued about as much as his previous volumes, Ayittey looks at the possibilities for indigenous structures to revive a troubled continent.

Accelerating Poverty Reduction in Africa

2019-10-09 Business & Economics

Author : Kathleen Beegle
Release : 2019-10-09
Genre : Business & Economics
Kind : eBook
Book Rating : 330/5 ( reviews)

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Book Synopsis Accelerating Poverty Reduction in Africa by : Kathleen Beegle

Download or read book Accelerating Poverty Reduction in Africa written by Kathleen Beegle. This book was released on 2019-10-09. Available in PDF, EPUB and Kindle. Book excerpt: Sub-Saharan Africa's turnaround over the past couple of decades has been dramatic. After many years in decline, the continent's economy picked up in the mid-1990s. Along with this macroeconomic growth, people became healthier, many more youngsters attended schools, and the rate of extreme poverty declined from 54 percent in 1990 to 41 percent in 2015. Political and social freedoms expanded, and gender equality advanced. Conflict in the region also subsided, although it still claims thousands of civilian lives in some countries and still drives pressing numbers of displaced persons. Despite Africa’s widespread economic and social welfare accomplishments, the region’s challenges remain daunting: Economic growth has slowed in recent years. Poverty rates in many countries are the highest in the world. And notably, the number of poor in Africa is rising because of population growth. From a global perspective, the biggest concentration of poverty has shifted from South Asia to Africa. Accelerating Poverty Reduction in Africa explores critical policy entry points to address the demographic, societal, and political drivers of poverty; improve income-earning opportunities both on and off the farm; and better mobilize resources for the poor. It looks beyond macroeconomic stability and growth—critical yet insufficient components of these objectives—to ask what more could be done and where policy makers should focus their attention to speed up poverty reduction. The pro-poor policy agenda advanced in this volume requires not only economic growth where the poor work and live, but also mitigation of the many risks to which African households are exposed. As such, this report takes a "jobs" lens to its task. It focuses squarely on the productivity and livelihoods of the poor and vulnerable—that is, what it will take to increase their earnings. Finally, it presents a road map for financing the poverty and development agenda.

Poverty and Shared Prosperity 2018

2018-12-10 Business & Economics

Author : World Bank
Release : 2018-12-10
Genre : Business & Economics
Kind : eBook
Book Rating : 604/5 ( reviews)

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Book Synopsis Poverty and Shared Prosperity 2018 by : World Bank

Download or read book Poverty and Shared Prosperity 2018 written by World Bank. This book was released on 2018-12-10. Available in PDF, EPUB and Kindle. Book excerpt: The World Bank Group has two overarching goals: End extreme poverty by 2030 and promote shared prosperity by boosting the incomes of the bottom 40 percent of the population in each economy. As this year’s Poverty and Shared Prosperity report documents, the world continues to make progress toward these goals. In 2015, approximately one-tenth of the world’s population lived in extreme poverty, and the incomes of the bottom 40 percent rose in 77 percent of economies studied. But success cannot be taken for granted. Poverty remains high in Sub- Saharan Africa, as well as in fragile and conflict-affected states. At the same time, most of the world’s poor now live in middle-income countries, which tend to have higher national poverty lines. This year’s report tracks poverty comparisons at two higher poverty thresholds—$3.20 and $5.50 per day—which are typical of standards in lower- and upper-middle-income countries. In addition, the report introduces a societal poverty line based on each economy’s median income or consumption. Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle also recognizes that poverty is not only about income and consumption—and it introduces a multidimensional poverty measure that adds other factors, such as access to education, electricity, drinking water, and sanitation. It also explores how inequality within households could affect the global profile of the poor. All these additional pieces enrich our understanding of the poverty puzzle, bringing us closer to solving it. For more information, please visit worldbank.org/PSP

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Why Africa is Poor

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