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Sub-Saharan Africa (SSA) has come full circle to a position of promise four decades since most countries in the region attained political independence. At independence, there were great expectations of rapid economic and social progress. These were broadly realized in the 1960s, when production grew and real per capita incomes increased appreciably. After this initial period of growth, however, most economies stagnated in the 1970s and went into decline in the 1980s. Although a number of countries undertook far-reaching adjustment and reform programs with considerable success, the region’s aggregate economic performance remained disappointingly weak, with falling real incomes per capita and increasing poverty throughout the continent. Now, in the new millennium, renewed signs of economic progress and a broader com¬mitment to reform augur well for the future. These reform efforts need to be sustained, strengthened, and directed toward the attainment of the millennium development goals (MDGs) and targets. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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