Publication:
The Changing Landscape of Africa’s Growth

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dc.contributor.authorCalderon, Cesar
dc.contributor.authorDabalen, Andrew
dc.contributor.authorQu, Ayan
dc.date.accessioned2025-01-10T18:55:30Z
dc.date.available2025-01-10T18:55:30Z
dc.date.issued2025-01-10
dc.description.abstractThis paper examines the main features of real growth per capita of Sub-Saharan Africa over the past six decades, before uncovering the sources of growth—including those of growth miracles. Three distinct growth phases before the recent “lost decade” are observed. The swinging pattern of income per capita shows that the region has not converged with most benchmarks and is not resilient to shocks, although resilience has improved since the beginning of the twenty-first century. Furthermore, growth across countries in the region is heterogeneous and falls into three broad groups. Analysis of the sources of growth suggests that the region underperforms on duration during episodes of expansions/recessions, and the contribution of total factor productivity remains small, although it has improved over the past two decades. A few countries in the region, for example, Botswana, Ethiopia, and Mauritius, have sustained growth for decades, on par with the world’s best performance. These exceptional “growth miracles” are distinguished by a common set of factors that explain how such miracles start and are sustained: leadership, economic diversification, market expansion, and investment for the future.en
dc.identifierhttp://documents.worldbank.org/curated/en/099439301092532233/IDU158e9c0201d427142401869e1e10e516f0f3d
dc.identifier.doi10.1596/1813-9450-11028
dc.identifier.urihttps://hdl.handle.net/10986/42657
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesPolicy Research Working Paper; 11028
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectSUB-SAHARAN AFRICA
dc.subjectGROWTH ACCOUNTING
dc.subjectGROWTH MIRACLES
dc.titleThe Changing Landscape of Africa’s Growthen
dc.typeWorking Paper
dspace.entity.typePublication
okr.date.disclosure2025-01-10
okr.date.doiregistration2025-04-14T12:00:00.734942Z
okr.date.lastmodified2025-01-09T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099439301092532233/IDU158e9c0201d427142401869e1e10e516f0f3d
okr.guid099439301092532233
okr.identifier.docmidIDU-58e9c020-d427-4240-869e-e10e516f0f3d
okr.identifier.doi10.1596/1813-9450-11028
okr.identifier.externaldocumentum34444366
okr.identifier.internaldocumentum34444366
okr.identifier.reportWPS11028
okr.import.id6277
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099439301092532233/pdf/IDU158e9c0201d427142401869e1e10e516f0f3d.pdfen
okr.region.geographicalSub-Saharan Africa
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Economic Modeling and Statistics
okr.topicPoverty Reduction::Poverty Reduction Strategies
okr.unitOffice of the Chief Economist (AFECE)
relation.isAuthorOfPublicationaa112cc5-fffa-5bd0-b677-af0f6bd0780b
relation.isAuthorOfPublication.latestForDiscoveryaa112cc5-fffa-5bd0-b677-af0f6bd0780b
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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