Natural Wealth and Growth in Sub-Saharan Africa

 

The conceptual framework of natural wealth that we approached in the previous video may be illustrated with cases drawn from Sub-Saharan Africa. With at least 250 million inhabitants in resource-rich African countries, natural assets are responsible for more than 80% of exports and 50% of government revenues in the region. As such, the high concentration of resource-rich countries in the area allows for direct comparisons with their resource-poor counterfactual regional neighbors.

We compare rates of economic growth, poverty reduction, governance, and sources of productivity growth in resource-rich and resource-poor countries. We contrast the landscapes during the commodity boom with the current one during the pandemic crisis.

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This Post Has 3 Comments

  1. László Árva

    I would prefer written text to podcasts and living conversations…pl. next time send that kind of materials…

  2. Nelson NDIRANGU

    I fully support written texts to podcasts!

  3. Otaviano Canuto

    Alright, folks. Written articles comprise the bulk of what is posted on the blog. The apparent overflow of videos comes from the fact that I have been producing a weekly series of 20 short videos on the content of my latest book https://www.cmacrodev.com/climbing-a-high-ladder-development-in-the-global-economy/
    So the posting of videos has a temporary surge… I suggest you ignore them and please be patient because the normal flow of written articles will be established.

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