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Publication(World Bank, Washington, DC, 2016-04-11) Chuhan-Pole, Punam ; Calderon, Cesar ; Kambou, Gerard ; Boreux, Sebastien ; Buitano, Mapi M. ; Korman, Vijdan ; Kubota, Megumi ; Lopez-Monti, Rafael M.Urbanization is a source of dynamism that can enhance productivity and increase economic integration, a principle evident from the experience of today’s high-income countries and rapidly emerging economies. Indeed, during the Industrial Age, no country has achieved sustained increases in national income without urbanization. If well managed, cities can help countries accelerate growth and “open the doors” to global markets in two ways: by creating productive environments that attract international investment and increase economic efficiency; and by creating livable environments that prevent urban costs from rising excessively with increased densification. By generating agglomeration economies, cities can enhance productivity and spur innovation and national economic diversification. The underlying reason for this is economic density. This report includes the following highlights: growth will remain lackluster in Sub-Saharan Africa in 2016, weighed down by low and volatile commodity prices; addressing growing economic vulnerabilities and developing new sources of sustainable, inclusive growth are key priorities for the region; and Africa’s rapid urbanization offers a potential springboard for economic diversification. But building cities that work will require reforming land markets and urban regulations, and coordinating early infrastructure investments.
Publication(Washington, DC, 2013-10) World BankThis Africa's pulse newsletter includes the following headings: economic prospects for Sub-Saharan Africa remain strong, but growth is vulnerable to a sharp decline in commodity prices; the region's progress on reducing poverty has been slow, hindered by high inequality; and faster reduction in poverty will require growth with equity.
Publication(Washington, DC, 2010-10) World BankThis Africa's pulse newsletter includes the following heading: recent economic trends and prospects; country policy and institutional assessment: results and trends for Sub-Saharan Africa; and Sub-Saharan Africa: advancing toward the millennium development goals (MDGs).
Publication(Washington, DC, 2010-04) World BankThis Africa's pulse newsletter includes the following headings: recent economic trends and prospects; Africa and the millennium development goals; and yes Africa can: success stories from a dynamic continent.