The Disconcerting Pyramids of Poverty and Inequality of Sub-Saharan Africa

The Disconcerting Pyramids of Poverty and Inequality of Sub-Saharan Africa
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Publisher : INTERNATIONAL MONETARY FUND
Total Pages : 0
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ISBN-10 : 1451860668
ISBN-13 : 9781451860665
Rating : 4/5 (665 Downloads)

Book Synopsis The Disconcerting Pyramids of Poverty and Inequality of Sub-Saharan Africa by : Mr.Paulo Silva Lopes

Download or read book The Disconcerting Pyramids of Poverty and Inequality of Sub-Saharan Africa written by Mr.Paulo Silva Lopes and published by INTERNATIONAL MONETARY FUND. This book was released on 2005-03-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Poverty and inequality in Sub-Saharan Africa (SSA) should not be ascertained only on the basis of scarce and unreliable income distribution statistics, but should also take into account social conditions. Recent, widely disseminated claims that poverty and inequality have increased over the past 30 years are based on regional income estimates with falling medians and rising upper variances over that period. Graphically, this translates into pyramid-shaped income distributions that, perversely, shift to the left and widen over time. However, during the same period social indicators improved significantly (if insufficiently), and we argue in this paper that such a trend represents progress with social equity in SSA. This point is illustrated through the configuration of alternative "social pyramids" that move for most of the last 30 years in the right direction. However, more recently, social indicators are being set back by the HIV/AIDS pandemic, which will generate greater and more dehumanizing poverty in the years ahead even if meaningful economic growth is achieved. As underscored by the multiplicity of "pyramid" representations, poverty and inequality time trends in SSA can thus best be described as disconcerting in that they remain arguably illusive and definitely disturbing.


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