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A Panel Study of Social Capabilities and their effect on economic performance in Sub-Saharan Africa

Karlsson Schedvin, Clara LU (2020) EKHS21 20201
Department of Economic History
Abstract
Sub-Saharan Africa is an area of contradictions as it sits on heaps of natural resources and at the same time the highest number of people ever living in poverty. They are in dire need of an economic catch up, however it is unclear if they have what it takes to manage this type of sustained economic growth. Through a social capabilities framework this study evaluates the economy from a more total perspective rather than focusing on a specific economic driving force. The five countries chosen for this study have the highest levels of GDP per capita on the continent. The social capabilities evaluate four aspects of the economy; transformation, inclusion, state autonomy and accountability, and with a panel data approach as well as graphical... (More)
Sub-Saharan Africa is an area of contradictions as it sits on heaps of natural resources and at the same time the highest number of people ever living in poverty. They are in dire need of an economic catch up, however it is unclear if they have what it takes to manage this type of sustained economic growth. Through a social capabilities framework this study evaluates the economy from a more total perspective rather than focusing on a specific economic driving force. The five countries chosen for this study have the highest levels of GDP per capita on the continent. The social capabilities evaluate four aspects of the economy; transformation, inclusion, state autonomy and accountability, and with a panel data approach as well as graphical analysis the economic performance is evaluated based on GDP per capita growth and resilience to shrinking. It is not possible to determine what effect the indicators of the capabilities have had on economic growth due to model limitations, however it is concluded that several of the indicators have played a role in the economic performance due to driving the GDP growth. It is also theorized that it is likely that some of the indicators have played a role in the decreasing frequency of economic shrinking. (Less)
Please use this url to cite or link to this publication:
author
Karlsson Schedvin, Clara LU
supervisor
organization
course
EKHS21 20201
year
type
H1 - Master's Degree (One Year)
subject
keywords
Social Capabilities, Catching Up, Sub-Saharan Africa, Economic Development
language
English
id
9021608
date added to LUP
2020-07-03 11:58:35
date last changed
2020-07-03 11:58:35
@misc{9021608,
  abstract     = {{Sub-Saharan Africa is an area of contradictions as it sits on heaps of natural resources and at the same time the highest number of people ever living in poverty. They are in dire need of an economic catch up, however it is unclear if they have what it takes to manage this type of sustained economic growth. Through a social capabilities framework this study evaluates the economy from a more total perspective rather than focusing on a specific economic driving force. The five countries chosen for this study have the highest levels of GDP per capita on the continent. The social capabilities evaluate four aspects of the economy; transformation, inclusion, state autonomy and accountability, and with a panel data approach as well as graphical analysis the economic performance is evaluated based on GDP per capita growth and resilience to shrinking. It is not possible to determine what effect the indicators of the capabilities have had on economic growth due to model limitations, however it is concluded that several of the indicators have played a role in the economic performance due to driving the GDP growth. It is also theorized that it is likely that some of the indicators have played a role in the decreasing frequency of economic shrinking.}},
  author       = {{Karlsson Schedvin, Clara}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{A Panel Study of Social Capabilities and their effect on economic performance in Sub-Saharan Africa}},
  year         = {{2020}},
}