SUB-SAHARAN Africa has had a great start to the 21st century—at least that’s what the numbers show. Year after year the region has racked up solid economic growth, even when the global economy was anything but sound. Low-income countries have done particularly well. Not only have average per capita incomes mounted steadily, but inflation has generally been tamed, debt pruned, and opportunities for foreign trade and investment opened up.But the questions that continually nag at me concern the quality of this growth. In particular, is it inclusive—are the poor and the young benefiting—and is it sustainable?
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