Report

Is Poverty a Binding Constraint on Growth in Sub-Saharan Africa?

“Is poverty a binding constraint on economic growth in Sub-Saharan Africa? The purpose of this paper is to look at the other direction of the nexus: the links from poverty to growth. The central argument is that the most promising directions for country-based
research on the links from poverty to growth involve microeconomic investigations of the
effects of poverty on productivity. The bulk of this paper is devoted to reviewing the
dominant mechanisms through which these effects may emerge, both from a macro and
micro perspective. In concluding: the specific avenues for country-based research is suggested.”