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Emerging Growth Economies in Sub-Saharan Africa

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  • Kiertisak Toh

Abstract

The turning point for the recent growth in Sub-Saharan Africa (SSA) began in the mid-1990s. It, however, has not been uniform across the region. There are countries that have experienced sustained high growth, rivaling those of rapid-growth, emerging economies in Asia. However, more than one third of the countries in Africa still experience low growth, and their economies remain fragile. The article analyzes patterns of long-run, country-level growth. It identifies a group of SSA’s emerging economies that are associated with strong growth. The empirical evidence suggests that this group of emerging growth economies is different in terms of economic fundamentals and quality of institutions and governance from the nonemerging slow-growth group.

Suggested Citation

  • Kiertisak Toh, 2016. "Emerging Growth Economies in Sub-Saharan Africa," The American Economist, Sage Publications, vol. 61(2), pages 229-244, October.
    • Handle: RePEc:sae:amerec:v:61:y:2016:i:2:p:229-244
    DOI: 10.1177/0569434516652041
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    References listed on IDEAS

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    More about this item

    Keywords

    growth analytics; growth and development; economic transformation; emerging market economies; Sub-Saharan Africa;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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