Determinants of Poverty in Sub-Saharan Africa
AbstractThis paper examines the determinants of poverty in Sub-Saharan Africa
using a set of cross-country data drawn from 48 countries. It adopts a
multiple regression analysis. The results obtained indicates that factors like
increase in the rate of population, inflation and external debt servicing, lack
of safe water, low economic activities, gender discrimination, ethnic and
religious conflicts and HIV/AIDS have influenced the increase in the rate
poverty in the sub-region. Given these results, measures such as debt
forgiveness, use of family planning devices, stable macro-economic variables
like inflation and exchange rate volatility and good governance are
suggested as possible solutions to poverty in Sub-Saharan Africa.
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