
THE GROWTH EFFECT OF INCOME INEQUALITY IN SUB-SAHARAN AFRICA: EXPLORING THE TRANSMISSION CHANNELS
Ibrahim Abidemi Akinlo , Department of Economics, Olabisi Onabanjo University, P.M.B. 2002, Ago-Iwoye, NigeriaAbstract
This article examines the relationship between income inequality and economic growth in Sub-Saharan Africa, with a specific focus on exploring the transmission channels through which income inequality affects growth. Despite the region's economic progress, income inequality remains a persistent challenge, and its impact on growth has significant implications for sustainable development. By analyzing empirical evidence and employing econometric techniques, this study sheds light on the complex dynamics between income inequality and economic growth in Sub-Saharan Africa. The findings provide insights into the transmission channels through which income inequality influences growth and highlight the importance of addressing income inequality as part of a comprehensive development agenda.
Keywords
Income inequality, economic growth, Sub-Saharan Africa
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