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Inclusive Growth: An Application of the Social Opportunity Function to Selected African Countries
Author:
Mr. Olumuyiwa S Adedeji
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,
Huancheng Dunull

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, and
Mr. Maxwell Opoku-Afari
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Series:
IMF Working Papers
Volume/Issue:
Volume 2013: Issue 139
Language:
English
Publication Date:
03 Jun 2013
DOI:
https://doi.org/10.5089/9781484360880.001
ISBN:
9781484360880
ISSN:
1018-5941
Pages:
33
Keywords:
WP; opportunity curve; mortality rate; secondary education; Inclusive growth; social opportunity curve; equity; primary school education; completion rate; education enrollment; enrollment rate; Health care; Global
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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The inclusiveness of growth depends on the extent of access to economic and social opportunities. This paper applies the concept of social opportunity function to ascertain the inclusiveness of growth episodes in selected African countries. Premised on the concept of social welfare function, inclusive growth is associated with increased average opportunities available to the population and improvement in their distribution. The paper establishes that the high growth episodes in the last decade in the selected countries came with increased average opportunities in education and health; but distribution of such opportunities varied across countries, depending on the country-specific policies underpining the growth episodes.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund
Volume 2013: Issue 139