What Are the Factors Creating Poverty in Africa and Their Alleviations?

Abstract

The previous poverty studies in Africa emphasized per capita GDP and economic growth to analyze poverty, and results varied across datasets. Unlike that, this study focuses on human poverty through analyzing the role of culture, government, politics, and economy in creating poverty and its reduction in using data sourced from AFDB (1997-2007). The Paper Applied the panel method and other techniques; the study finds that (1) an increase in family size increases poverty substantially while education remains the best mechanism for reducing both poverty and population growth that will enhance the quality of life. (2) The study also reveals that gender inequality and political stability have a considerable impact on human poverty in Africa.

Keywords: Poverty, Education, Capital Formation, Gender Inequality, Population Growth, Unemployment Rate, political stability.

DOI: 10.7176/JESD/13-20-10

Publication date:October 31^st 2022