Midlands State University Library
Image from Google Jackets

Growth and poverty in Burkina Faso: A reassessment of the paradox

By: Contributor(s): Material type: TextTextSeries: Journal of African Economies ; Volume 16, number 1Oxford: Oxford University Press, 2007Content type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
Subject(s): Online resources: Abstract: Previous poverty assessments of Burkina Faso neglected some important methodological issues. They were therefore misleading and led to the so-called ‘Burkinabè Growth–Poverty Paradox’, i.e., increasing poverty despite sustained macro-economic growth and constant inequality. We estimate that poverty significantly decreased between 1994 and 2003, i.e., growth was in contrast to what previous poverty estimates suggested ‘pro-poor’. However, we also demonstrate that between 1994 and 1998, poverty indeed increased despite a good macro-economic performance. This was caused by a severe drought and the devaluation of the CFA Franc, which led to a profound deterioration of the purchasing power of the poor, an issue, which was also overseen by previous studies.
Reviews from LibraryThing.com:
Tags from this library: No tags from this library for this title. Log in to add tags.
Star ratings
    Average rating: 0.0 (0 votes)
Holdings
Item type Current library Call number Vol info Copy number Status Notes Date due Barcode
Journal Article Journal Article Main Library - Special Collections HC800 JOU (Browse shelf(Opens below)) Vol. 16, no. 1 (pages 70-101) SP1221 Not for loan For In house Use

Previous poverty assessments of Burkina Faso neglected some important methodological issues. They were therefore misleading and led to the so-called ‘Burkinabè Growth–Poverty Paradox’, i.e., increasing poverty despite sustained macro-economic growth and constant inequality. We estimate that poverty significantly decreased between 1994 and 2003, i.e., growth was in contrast to what previous poverty estimates suggested ‘pro-poor’. However, we also demonstrate that between 1994 and 1998, poverty indeed increased despite a good macro-economic performance. This was caused by a severe drought and the devaluation of the CFA Franc, which led to a profound deterioration of the purchasing power of the poor, an issue, which was also overseen by previous studies.

There are no comments on this title.

to post a comment.