Transcription of Income inequality in Africa
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Income inequality in Africa
1 Income inequality in Africa Introduction Africa has made impressive economic progress in the 2000s. Several countries sustained double-digit growth. Good macro-economic performance provides an opportunity on the one hand, to reduce poverty and on the other hand, to reconcile the differences between revenues by strengthening a strong middle class. However, Africa remains overwhelmed by unequal Income and wealth distribution. The poor performances, in terms of reducing inequality , are not specific to resource-poor countries only, but also a feature of resource-rich countries such as the Congo, Nigeria, Angola and South Africa (AEO, 2011). Africa is experiencing fast economic growth.
Zambia and Burundi is over 80% (ADI 2008/2009, World Bank). Income inequalities translate into inequalities in access to basic services and lower opportunities to get out of the poverty trap. The gap between the rich and the poor in education and health remains striking in most African countries. Poor children are more
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