Africa: Leveraging the Crisis into a Development Takeoff

Shantayanan Devarajan () and Sudhir Shetty ()
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Shantayanan Devarajan: World Bank
Sudhir Shetty: World Bank

World Bank - Economic Premise, 2010, issue 30, 1-4

Abstract: Africa’s precrisis growth and poverty reduction was the result of increased external resources, a buoyant global economy and—crucially—improved economic policies. Although it is still the world’s poorest region, the prospects for resuming growth are good. Additional resources and further policy reforms could launch the continent on a path of sustained growth and poverty reduction.

Keywords: Africa; Crisis; development; growth; poverty reduction; reforms; policies; sub-Saharan; recovery; developing countries (search for similar items in EconPapers)
JEL-codes: O1 O14 O15 O4 O55 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (3)

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