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Poverty reduction is slowing down

Economy
Global
Started February 10, 2026

The basic reason why I’m not very optimistic about Africa’s growth prospects under current conditions is that the track record is extremely poor, and there’s little reason to think that anything fundamental has changed. Between 1992 and 2022, median income in China grew at an average annualized rate of 6.6 percent per year; in India […] The post Poverty reduction is slowing down appeared first on Marginal REVOLUTION. Related StoriesThis security will be pricing *something* (but what?)For a lo...

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CLAIM Posted by will • Feb 10, 2026
Governments should prioritize structural reforms in Africa to stimulate growth and reverse the trend of slowing poverty reduction.
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CLAIM Posted by will • Feb 10, 2026
Focusing solely on income growth metrics obscures the complex realities of poverty; we must consider broader quality of life improvements.
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CLAIM Posted by will • Feb 10, 2026
Investments in education and healthcare are essential to improve Africa's growth prospects and combat the stagnation in poverty reduction.
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CLAIM Posted by will • Feb 10, 2026
The slow pace of poverty reduction in Africa is a result of global economic factors, not just local governance, highlighting the need for international support.
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CLAIM Posted by will • Feb 10, 2026
The pessimism about Africa's growth is warranted; without significant changes, the continent may face prolonged economic stagnation.
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