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Gender, Poverty and Environmental Indicators on African Countries 2014 - Country Classification by Region Grouping
After a decade and a half of economic growth, occurring not just in a few, but in the majority of African countries, time has come to evaluate the sources of such growth, its sustainability and the extent to which it has fuelled poverty reduction and wellbeing across the continent. This chapter provides an update on Africa’s growth experience, contrasting the continent’s sustained growth over the past 15 years to previous episodes of weaker growth. The chapter then highlights key determinants of the recent growth in the context of fundamental structural economic change. The chapter concludes with discussions on the sustainability of recent growth episodes.