Inclusive Growth: An Application of the Social Opportunity Function to Selected African Countries
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Summary:
The inclusiveness of growth depends on the extent of access to economic and social opportunities. This paper applies the concept of social opportunity function to ascertain the inclusiveness of growth episodes in selected African countries. Premised on the concept of social welfare function, inclusive growth is associated with increased average opportunities available to the population and improvement in their distribution. The paper establishes that the high growth episodes in the last decade in the selected countries came with increased average opportunities in education and health; but distribution of such opportunities varied across countries, depending on the country-specific policies underpining the growth episodes.
Series:
Working Paper No. 2013/139
Subject:
Economic growth Education Health Health care Inclusive growth Population and demographics
English
Publication Date:
June 3, 2013
ISBN/ISSN:
9781484360880/1018-5941
Stock No:
WPIEA2013139
Pages:
33
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