Skip to main content

Previous

Why would the government pay your tuition fees?

Next

Understanding consumer and producer surplus

The economic development of sub-Saharan Africa

Sub-Saharan Africa has some of the world’s largest land and labour resources. It is rich in commodities, but has failed to achieve economic and human development. George Vlachonikolis examines the prospects for the future for this underachieving region

SSA is characterised by extremes of poverty…

development, international and intraregional trade, commodity prices, financial markets

Table 1 summarises the situation. Notice that SSA has 13.9% of the world’s population and 18.2% of the world’s land area — but only 1.9% of world gross national income (GNI). The average human development index (HDI) for SSA is 0.523, and of the 41 countries classified as having low human development, 35 are in SSA. This suggests that although the region has an abundance of people, levels of health and education are relatively low.

Your organisation does not have access to this article.

Sign up today to give your students the edge they need to achieve their best grades with subject expertise

Subscribe

Previous

Why would the government pay your tuition fees?

Next

Understanding consumer and producer surplus

Related articles: