Trade-led Growth: A Path to Sustainable Development in Sub-Saharan Africa

Shanaz Broermann ()
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Shanaz Broermann: Collaborative Africa Budget Reform Initiative (CABRI)

Chapter 7 in Moving from the Millennium to the Sustainable Development Goals, 2020, pp 119-153 from Springer

Abstract: Abstract In this chapter, Broermann contributes towards our understanding of factors that influence the achievement of the target of sustained economic growth related to goal 8 of the sustainable development goals. Broermann explores the relevance of a demand-led, export driven growth model for long run economic growth and tests this in the sub-Saharan African region using an augmented balance of payments constrained growth model. The results, which cover the last six decades, provide strong evidence that sub-Saharan Africa was balance of payments constrained. Broermann discusses important policy implications, which should be considered if the sustainable development goals are to be achieved.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-15-1556-9_7

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DOI: 10.1007/978-981-15-1556-9_7

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