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The editors at Master of Finance Degrees decided to research the topic of
Africa: From Top To Bottom
For the past decade, Africa's economy has been growing, on average, by 5.3% per year. But that's not the full measure of a continent. A recent study looked at 4 different pillars derived from 88 different indicators to help determine which African countries are succeeding and which ones are still struggling.
PILLAR #1: Safety & Rule of Law (21 Indicators)
Rule of Law
- Judicial Process
- Judicial Independence
- Sanctions
- Transfers of Power
- Property Rights
Accountability
- Accountability, Transparency and Corruption in the Public Sector
- Accountability, Transparency and Corruption in Rural Areas
- Corruption and Bureaucracy
- Accountability of Public Officials
- Corruption in Government and Public Officials
- Prosecution of Abuse of Office
Personal Safety
- Domestic Political Persecution
- Social Unrest
- Safety of the Person
- Violent Crime
- Human Trafficking
National Security
- Cross-Border Tensions
- Government Involvement in Armed Conflict
- Domestic Armed Conflict
- Political Refugees
- Internally Displaced People
TOP 5 COUNTRIES
- #1 Botswana
- #2 Mauritius
- #3 Cape Verde
- #4 Namibia
- #5 Seychelles
BOTTOM 5 COUNTRIES
- #48 Congo, Democratic Rep.
- #49 Central African Republic
- #50 Zimbabwe
- #51 Libya
- #52 Somalia
PILLAR #2: Sustainable Economic Opportunity (28 Indicators)
Public Management
- Statistical Capacity
- Public Administration
- Inflation
- Diversification
- Reserves
- Budget Management
- Ratio of Total Revenue to Total Expenditure
- Ratio of Budget Deficit or Surplus to GDP
- Fiscal Policy
- Ratio of External Debt Service to Exports
- Reliability of Financial Institutions
- Revenue Collection
Business Environment
- Competitive Environment
- Investment Climate
- Investment Climate for Rural Businesses
- Rural Financial Services Development
- Bureaucracy and Red Tape
Infrastructure
- Access to Electricity
- Road and Rail Networks
- Air Transport Facilities
- Telephone and IT Infrastructure
- Digital Connectivity
Rural Sector
- Public Resources for Rural Development
- Land and Water for Low-Income Rural Populations
- Agricultural Research and Extension Services
- Agricultural Input and Produce Markets
- Policy and Legal Framework for Rural Organizations
- Dialogue between Government and Rural Organizations
TOP 5 COUNTRIES
- #1 Mauritius
- #2 Tunisia
- #3 Egypt
- #4 Cape Verde
- #5 Botswana
BOTTOM 5 COUNTRIES
- #48 Eritrea
- #49 Comoros
- #50 Congo, Democratic Rep.
- #51 Zimbabwe
- #52 Somalia
PILLAR #3: Human Development (20 Indicators)
Welfare
- Welfare Regime
- Social Protection and Labour
- Social Exclusion
- Welfare Services (Health and Education)
- Equity of Public Resource Use
- Access to Water
- Access to Sanitation
- Environmental Policy
- Environmental Sustainability
Education
- Education Provision and Quality
- Ratio of Pupils to Teachers in Primary School
- Primary School Completion
- Progression to Secondary School
- Tertiary Enrollment
- Literacy
Health
- Maternal Mortality
- Child Mortality
- Immunization (Measles and DPT)
- Antiretroviral Treatment Provision
- Disease (Malaria and TB)
TOP 5 COUNTRIES
- #1 Seychelles
- #2 Mauritius
- #3 Libya
- #4 Tunisia
- #5 Cape Verde
BOTTOM 5 COUNTRIES
- #48 Sierra Leone
- #49 Congo, Democratic Rep.
- #50 Central African Republic
- #51 Chad
- #52 Somalia
PILLAR #4: Participation & Human Rights (19 Indicators)
Participation
- Free and Fair Executive Elections
- Free and Fair Elections
- Political Participation
- Electoral Self-Determination
- Effective Power to Govern
Rights
- Core International Human Rights Conventions
- Human Rights
- Political Rights
- Workers' Rights
- Freedom of Expression
- Freedom of Association and Assembly
- Civil Liberties
Gender
- Gender Equality
- Gender Balance in Primary and Secondary Education
- Women's Participation in the Labour Force
- Equal Representation in Rural Areas
- Women in Parliament
- Women's Rights
- Legislation on Violence against Women
TOP 5 COUNTRIES
- #1 Cape Verde
- #2 Mauritius
- #3 South Africa
- #4 Botswana
- #5 Namibia
BOTTOM 5 COUNTRIES
- #48 Chad
- #49 Equatorial Guinea
- #50 Libya
- #51 Eritrea
- #52 Somalia
OVERALL (from four pillars above)
TOP 5 COUNTRIES
- #1 Mauritius
- #2 Cape Verde
- #3 Botswana
- #4 Seychelles
- #5 South Africa
BOTTOM 5 COUNTRIES
- #48 Central African Republic
- #49 Eritrea
- #50 Chad
- #51 Congo, Democratic Rep.
- #52 Somalia
SOURCES
- https://www.moibrahimfoundation.org/downloads/2012-IIAG-summary-report.pdf
- https://www.africaneconomicoutlook.org/en/data-statistics/table-2-real-gdp-growth-rates-2003-2013/
- https://en.wikipedia.org/wiki/Africa
