“Beegle, Kathleen; Christiaensen, Luc. 2019. Accelerating Poverty Reduction in Africa. Washington, DC: World Bank. © World Bank. https://openknowledge.worldbank.org/handle/10986/32354 License: CC BY 3.0 IGO.”
Sub-Saharan Africa’s turnaround over the past couple of decades has been dramatic. After many years in decline, the continent’s economy picked up in the mid-1990s. Along with this macroeconomic growth, people became healthier, many more youngsters attended schools, and the rate of extreme poverty declined from 54 percent in 1990 to 41 percent in 2015.
- Economic growth has slowed in recent years.
- Poverty rates in many countries are the highest in the world.
- And notably, the number of poor in Africa is rising because of population growth.
From a global perspective, the biggest concentration of poverty has shifted from South Asia to Africa. Accelerating Poverty Reduction in Africa explores critical policy entry points to address the demographic, societal, and political drivers of poverty; improve income-earning opportunities both on and off the farm; and better mobilize resources for the poor.
Source: PAEPARD FEED