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Poverty, Growth, and Inequality in Sub-Saharan Africa: Did the Walk Match the Talk under the PRSP Approach?

Daouda Sembene

No 2015/122, IMF Working Papers from International Monetary Fund

Abstract: 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.

Keywords: WP; PRSP country; PRSP implementation; PRSP approach; PRSP countries in Sub-Saharan Africa; PRSP process; Poverty; Growth; Inequality; PRSP; poverty incidence; PRSP experience; PRSP sourcebook; PRSP countries from Sub-Saharan Africa; PRSP dummy; Personal income; Income inequality; Poverty reduction; Poverty reduction strategy; Sub-Saharan Africa; Africa; Global (search for similar items in EconPapers)
Pages: 37
Date: 2015-06-12
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Citations: View citations in EconPapers (13)

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