Growth, Jobs and Poverty in Sub-Saharan Africa - No Country Left Behind (1st ed. 2022)

Sub-Saharan Africa (SSA) should not be defined by the structural parameters and opportunities of low-income countries, given that it also comprises a number of higher-income countries. This book finds that SSA is tightly constrained in its growth, employment and poverty outcomes. Rather than taking this as a conceptual downside, these constraints to growth and development have to be recognised and overcome—not just by a few countries able to escape them more easily, but by all countries in SSA, such that no country is left behind. The book observes a weakness in the quantum of growth in SSA. It relates this to a growth path based more on extractives than manufactured goods. While SSA is endowed with extractives, global demand for these is very volatile. These boom-bust cycles in export demand come to affect not just the export sector in SSA as a resource curse, but also the production of output of the entire economy. The book captures this through the working out of equilibrium in four major markets: the tradeables market, the domestic goods market, the labour market, and the money market.

General

Imprint:	Springer Nature Switzerland AG
Country of origin:	Switzerland
Release date:	July 2023
First published:	2022
Authors:	Moazam Mahmood
Dimensions:	210 x 148mm (L x W)
Pages:	242
Edition:	1st ed. 2022
ISBN-13:	978-3-03-091576-6
Categories:	Books
LSN:	3-03-091576-X
Barcode:	9783030915766

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