Kedir, A.M. orcid.org/0000-0002-0728-8807, Elhiraika, A., Chinzara, Z. et al. (1 more author) (2017) Growth and development finance required for achieving Sustainable Development Goals (SDGs) in Africa. African Development Review, 29 (S1). pp. 15-26. ISSN 1017-6772
Abstract
We estimate the additional investment required to meet the Sustainable Development Goals (SDGs), with a focus on SDG 1 on ending extreme poverty by 2030 as well as alternative scenarios of reducing poverty. Ending poverty will be an insurmountable task. Africa requires a double‐digit growth rate of 16.6 per cent per year between 2015 and 2030 to end extreme poverty by 2030, which corresponds to an investment‐to‐GDP ratio and a financing gap to GDP ratio of 87.5 and 65.6 per cent per annum, respectively. However, the estimates on the required growth rates vary widely across sub‐regions and levels of development of individual countries. Countries and sub‐regions with low initial poverty levels and higher responsiveness of poverty to income will be able to end poverty with lower growth rates and lower development finance. The paper outlines the potential policy implications of our findings.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2017 The Authors / African Development Review / African Development Bank. |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) |
Funding Information: | Funder Grant number ECONOMIC & SOCIAL RESEARCH COUNCIL ES/M009114/1 |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 18 Oct 2018 15:16 |
Last Modified: | 18 Oct 2018 15:16 |
Published Version: | https://doi.org/10.1111/1467-8268.12230 |
Status: | Published |
Publisher: | Wiley |
Refereed: | Yes |
Identification Number: | 10.1111/1467-8268.12230 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:137109 |