COMPARATIVE POVERTY PROGRESS IN AFRICA, AND CHANGES IN (P.C.) GDP, INCOME, AND INEQUALITY BY COUNTRY African Economic Development, Lecture 2 10 th May.

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Presentation transcript:

COMPARATIVE POVERTY PROGRESS IN AFRICA, AND CHANGES IN (P.C.) GDP, INCOME, AND INEQUALITY BY COUNTRY African Economic Development, Lecture 2 10 th May 2016 By Prof. Augustin K. FOSU Visiting Professor of Economics Aalto University Helsinki, FINLAND

POVERTY TRENDS: AFRICA vs. OTHER REGIONS Data source: World Bank, 2015

POVERTY TRENDS: AFRICA vs. OTHER REGIONS (CONT’D.) Data source: World Bank, 2015

POVERTY TRENDS: AFRICA vs. OTHER REGIONS (CONT’D.) Data source: World Bank, 2015

POVERTY TRENDS: AFRICA vs. OTHER REGIONS (CONT’D.) Data source: World Bank, 2015

POVERTY TRENDS: AFRICA vs. OTHER REGIONS (CONT’D.) Data source: World Bank, 2015

POVERTY TRENDS: AFRICA vs. OTHER REGIONS (CONT’D.) Data source: World Bank, 2015

SSA vs. DEVELOPING WORLD: POVERTY RATES, RATIOS AND GROWTH RATES, US$1.25 Headcount Pov. Rate (%) Pov. Gap (%) Squared Pov. Gap 1981 SSA DW SSA/DW SSA DW SSA/DW SSA DW SSA/DW Growth rate (%) SSA ( ) DW Growth rate (%) SSA ( ) DW

ANNUALIZED GROWTH RATES OF POVERTY MEASURES CountryPeriod Annualized Growth in Pov. MeasuresQuintile Rank Headcount $1.25 Pov. Gap $1.25 Sqd Pov. Gap $1.25 Headcount Angola Benin Botswana Burkina Faso Burundi Cape Verde Cameroon CAR Chad Congo Rep Cote d'Ivoire Egypt Ethiopia Gambia Ghana

CountryPeriod Annualized Growth in Pov. MeasuresQuintile Rank Headcount $1.25 Pov. Gap $1.25 Sqd Pov. Gap $1.25 Headcount Guinea-Bissau Kenya Lesotho Madagascar Malawi Mali Mauritania Morocco Mozambique Namibia Niger Nigeria Rwanda Sao Tome* Senegal Sierra Leone

CountryPeriod Annualized Growth in Pov. Measures Quintile Rank Headcount $1.25 Pov. Gap $1.25 Sqd Pov. Gap $1.25 Headcount South Africa Swaziland Tanzania Togo Tunisia Uganda Zambia Mean Median (Angola)(Rwanda)(Morocco) Std. dev

ANNUALIZED GROWTH RATES OF PER CAPITA GDP, INCOME, AND INEQUALITY CountryP.C. GDP growthIncome growth Inequality growth Angola Benin Botswana Burkina Faso Burundi Cape Verde Cameroon CAR Chad Congo Rep Cote d'Ivoire Egypt Ethiopia Gambia

Country P.C. GDP growth Income growth Inequality growth Ghana Guinea Guinea-Bissau Kenya Lesotho Madagascar Malawi Mali Mauritania Morocco Mozambique Namibia Niger Nigeria Rwanda Sao Tome

CountryP.C. GDP growthIncome growth Inequality growth Senegal Sierra Leone South Africa Swaziland Tanzania Togo Tunisia Uganda Zambia Mean Median (Ghana)(Guinea)(Rwanda) Std. dev

QUINTILE RANKS CountryP.C. GDPIncomeInequality Pov. Headcount Pov. Gap Sqd Pov. Gap Angola Benin Botswana Burkina Faso Burundi Cape Verde Cameroon CAR Chad Congo Rep Cote d'Ivoire Egypt Ethiopia Gambia412111

CountryP.C. GDPIncomeInequality Pov. Headcount Pov. Gap Sqd Pov. Gap Ghana Guinea Guinea-Bissau Kenya Lesotho Madagascar Malawi Mali Mauritania Morocco Mozambique Namibia Niger451211

CountryP.C. GDPIncomeInequality Pov. Headcount Pov. Gap Sqd Pov. Gap Nigeria Rwanda Sao Tome Senegal Sierra Leone South Africa Swaziland Tanzania Togo Tunisia Uganda Zambia255555

Thank you! Prof. Augustin K. FOSU Visiting Professor of Economics Aalto University Helsinki, FINLAND