African poverty: Falling faster than you think

A summary of recent work on African poverty rates by Maxim Pinkovskiy and Xavier Sala-i-Martin.

African poverty: Falling faster than you think.

The critical result to this research is the decline in inequality in Sub-Saharan Africa since the mid-late 1980′s, and the sustained increase in average income since the mid-1990′s. While the second effect seems real, the first seems somewhat suspect.

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