Income Inequality Trends in sub-Saharan Africa Divergence, Determinants and Consequences: Introduction, Motivation and Overview

Giovanni Cornia, Ayodele Odusola, Haroon Bhorat and Pedro Conceição

No 267639, UNDP Africa Reports from United Nations Development Programme (UNDP)

Abstract: Sub-Saharan Africa (SSA) recorded a remarkable economic performance in the first 15 years of the 21st Century. Such an encouraging trend, which reversed the stagnation or decline of the prior 25 years, was accompanied by a perceptible, modest, but uneven decline in aggregate poverty, together with substantial cross-country variation in the poverty-reducing power of growth. This is reflected in, and partially driven by, the variation of inequality levels and trends among the African countries. Proper documentation of inequality levels and trends in the region is therefore essential to better understand the slow and varying rate of decline of poverty reduction in the region. To this end, this book, an outcome of a comprehensive study of income inequality in SSA, documents the initial conditions and changes in income inequality that have taken place in the region since the early 1990s. It proposes hypotheses to account for this experience and draws relevant lessons that could help accelerate reduction in income disparities.

Keywords: International; Development (search for similar items in EconPapers)
Pages: 41
Date: 2017-08-01
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:undpar:267639

DOI: 10.22004/ag.econ.267639

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