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Words: | Submitted: Mon Dec 22 2003
... allocation of resources and integration into a global economy on levels of GDP in Sub-Saharan Africa. This will be done using empirical evidence combined with my own research. A comparison between Ghana and Nigeria explores the disparate ways economies have attempted to achieve growth. Malaysia has been included as an example of a developing country that has achieved sustained, high economic growth and significantly reduced levels of poverty. Poverty in Sub-Saharan Africa The World Bank 1998, has defined poverty as: 'Hunger... A lack of shelter... Being sick and not being able to see a doctor... Not being able to go to school.... Not knowing how to read.... Not being able to speak properly... Not having a job ... Fear of living 1 day at a time... Illness bought about by unclean water... Powerlessness... Lack of representation and freedom.' Figure 1 shows poverty trends in developing countries.2 Figure 1: Population living on less then $1 ...
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