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We Are the World

Autor Molini Vasco, Fabio Clementi, Michele Fabiani, Francesco Schettino, Ali Zafar
en Limba Engleză Hardback – 28 feb 2027
Compared to the 1980s and '90s, Sub-Saharan Africa (SSA) has experienced a resurgence of economic growth, though this growth hasn't led to structural transformation. Additionally, SSA has underperformed in translating growth into positive development outcomes like poverty reduction. These patterns challenge standard growth theory, which predicts that growth at the top of the distribution will trickle down and benefit everyone. In We Are the World, the authors enrich and update research conducted over the last ten years, adding new evidence to recast the socio-economic narrative and pave the way for a candid and non-ideological debate on how to help SSA get on track. Challenging a widespread mainstream interpretation, the authors illuminate the nature, evolution, and consequences of SSA losing ground in the development race, offering a bold reform agenda to promote inclusive growth and sustainable development across the continent.
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Specificații

ISBN-13: 9781047782678
ISBN-10: 1047782677
Pagini: 324
Editura: Cambridge University Press

Notă biografică

Vasco Molini leads the 50x2030 Initiative on agricultural data at the World Bank. For over 16 years with the World Bank, he has worked in Northern and Sub-Saharan Africa. He has published on polarization, inequality, labor markets and conflicts in peer reviewed journals.

Cuprins

Introduction; 1. The poverty, growth, and inequality puzzle; 2. The hidden disparities; 3. Polarization and dualistic economies; 4. Growing disparities and growing discontent; 5. The lagging structural transformation and its impact on inequality; 6. Africa's elusive quest for macroeconomic stability and inclusive growth; 7. Growing debt crisis and the curious case of the CFA franc; 8. Bourgeoisie or lumpenbourgeoisie?; 9. Hic Rhodus, Hic Salta!; Index; 10. Bibliography.