African Growth Miracle or Statistical Tragedy?: Interpreting Trends in the Data Over the Past Two Decades

Morten Jerven ()

No wp-2014-114, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper reviews the current problems of national accounting in Sub-Saharan Africa. With the current uneven application of methods and availability of data, any ranking of countries according to gross domestic product levels is misleading. It is increasingly acknowledged that the problems associated with national accounts in Africa may have caused growth to be underestimated, and there are concerns that gross domestic product does not capture or cohere with concurrent trends on poverty and wealth from other surveys.

Keywords: Accounting; Economic development; Economic growth (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2014-114

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