Articles | Open Access | DOI: https://doi.org/10.55640/ijefms-9137

INCOME INEQUALITY AND ECONOMIC GROWTH IN SUB-SAHARAN AFRICA: AN IN-DEPTH ANALYSIS

Anwar Ibrahim , Department of Economics, Olabisi Onabanjo University, Ago-Iwoye, Nigeria

Abstract

This study delves into the intricate relationship between income inequality and economic growth in the context of Sub-Saharan Africa. Employing a comprehensive analysis, we explore the multifaceted dynamics, identifying the mechanisms and channels through which income inequality influences economic growth in this region. Our findings reveal significant insights that can inform policy interventions aimed at fostering equitable and sustainable development.

Keywords

Income Inequality, Economic Growth, Sub-Saharan Africa

References

Milanovic, B. (2016). Global Inequality: A New Approach for the Age of Globalization. Harvard University Press.

Piketty, T. (2014). Capital in the Twenty-First Century. Harvard University Press.

World Bank. (2020). Africa's Pulse: An Analysis of Issues Shaping Africa’s Economic Future. Retrieved from https://www.worldbank.org/en/region/afr/publication/africas-pulse

IMF. (2019). Regional Economic Outlook: Sub-Saharan Africa. Retrieved from https://www.imf.org/en/Publications/REO/SSA/Issues/2019/10/01/sreo1019

Oxfam. (2020). Inequality in Africa: A Turning Point? Retrieved from https://www.oxfam.org/en/research/inequality-africa-turning-point

United Nations Development Programme (UNDP). (2019). Human Development Report 2019: Beyond income, beyond averages, beyond today: Inequalities in human development in the 21st century. Retrieved from http://hdr.undp.org/en/2019-report

Acemoglu, D., & Robinson, J. A. (2012). Why Nations Fail: The Origins of Power, Prosperity, and Poverty. Crown Business.

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How to Cite

Anwar Ibrahim. (2018). INCOME INEQUALITY AND ECONOMIC GROWTH IN SUB-SAHARAN AFRICA: AN IN-DEPTH ANALYSIS. International Journal of Economics Finance & Management Science, 3(01), 01–06. https://doi.org/10.55640/ijefms-9137