422 – IOB – An analysis of poverty and inequality in the context of transition – Transition and inclusive development in Sub-Saharan Africa

Development in sub-Saharan Africa is still not inclusive. This is the conclusion drawn by IOB’s report ‘Transition and inclusive development in sub-Saharan Africa: An analysis of poverty and inequality in the context of transition’. The study focuses on the causes of the discrepancy between high economic growth and the much more limited reduction of poverty in the region. IOB concludes that sub-Saharan Africa will only be able to capitalise on the ‘demographic dividend’ of a young population if it manages to find employment for the 15 million to 20 million young people that enter the labour market every year. Until now, that has barely been the case. IOB concludes that solving these problems requires a coordinated multi-sectoral strategy.