Real Consumption Measures for the Poorer Regions of the World
Author
Alwyn Young, Visiting Fellow London School of Economics
Abstract
Measures of real consumption based upon the ownership of durable goods, the quality of housing, the health and mortality of children, the education of youth and the allocation of female time in the household indicate that sub-Saharan living standards have, for the past two decades, been growing about 3.5 percent per annum, i.e. three and half to four times the rate indicated in international data sets.