Poverty, Growth, and Inequality in Sub-Saharan Africa: Did the Walk Match the Talk under the PRSP Approach?
June 12, 2015
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Summary
Poverty Reduction Strategy Paper (PRSP) countries in Sub-Saharan Africa have shown strong signs of growth resilience in the aftermath of the recent global crisis. Yet, this paper finds evidence that growth has more than proportionately benefited the top quintile during PRSP implementation. It finds that PRSP implementation has neither reduced poverty headcount nor raised the income share of the poorest quintile in Sub-Saharan Africa. While countries in other regions have been more successful in reducing poverty and increasing the income share of the poor, there is no conclusive evidence that PRSP implementation has played a role in shaping these outcomes.
Subject: Income inequality, National accounts, Personal income, Poverty, Poverty reduction, Poverty reduction strategy
Keywords: Africa, Global, Growth, Income inequality, Inequality, Personal income, Poverty, poverty incidence, Poverty reduction, Poverty reduction strategy, PRSP, PRSP approach, PRSP countries from Sub-Saharan Africa, PRSP countries in Sub-Saharan Africa, PRSP country, PRSP dummy, PRSP experience, PRSP implementation, PRSP process, PRSP sourcebook, Sub-Saharan Africa, WP
Pages:
37
Volume:
2015
DOI:
Issue:
122
Series:
Working Paper No. 2015/122
Stock No:
WPIEA2015122
ISBN:
9781513520773
ISSN:
1018-5941
