Inclusive Growth: An Application of the Social Opportunity Function to Selected African Countries

Olumuyiwa Adedeji, Huancheng Du and Maxwell Opoku-Afari

No 2013/139, IMF Working Papers from International Monetary Fund

Abstract: The inclusiveness of growth depends on the extent of access to economic and social opportunities. This paper applies the concept of social opportunity function to ascertain the inclusiveness of growth episodes in selected African countries. Premised on the concept of social welfare function, inclusive growth is associated with increased average opportunities available to the population and improvement in their distribution. The paper establishes that the high growth episodes in the last decade in the selected countries came with increased average opportunities in education and health; but distribution of such opportunities varied across countries, depending on the country-specific policies underpining the growth episodes.

Keywords: WP; opportunity curve; mortality rate; secondary education; Inclusive growth; social opportunity curve; equity; primary school education; completion rate; education enrollment; enrollment rate; Health care; Global (search for similar items in EconPapers)
Pages: 33
Date: 2013-06-03
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Citations: View citations in EconPapers (7)

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