The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We document the evolution of per capita GDP for the continent as a whole and for subset of countries south of the Sahara desert. We document the worsening of various income inequality indexes and we estimate poverty rates and headcounts. We then analyze some of the central robust determinants of economic growth reported by Sala-i-Martin, Doppelhofer and Miller (2003) and project the annual growth rates Africa would have enjoyed if these key determinants had taken OECD rather than African values. Expensive investment goods, low levels of education, poor health, adverse geography, closed economies, too much public expenditure and too many military confl...
For the last four decades the pace of economic growth in African countries remained too slow or stag...
The 2000s has been Africa’s “decade of growth.” For the first time since the 1970s, Africa has not b...
Sub-Saharan Africa (SSA) has been absent from recent debates about comparative long-run growth owing...
The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We docume...
The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We docume...
The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We docume...
The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We docume...
Growth performance of African countries since their independence in the late 1950s until mid-1990s i...
Many development specialists, policy makers, aid donors and recipient institutions have tried, with ...
African economies have grown rapidly over the past decade. But history shows that the pattern of gro...
We examine the role of trends in rainfall in the poor growth performance of sub-Saharan African nati...
A recent research work on economic growth in Africa – Collier and O’Connell (2005) – attempts to ac...
Currently, many African economies are growing more rapidly than for three decades. This is partly th...
Low and highly volatile growth define Africa’s growth experience. But there is no evidence that grow...
This chapter examines Africa’s “renaissance” following a “growth tragedy,” or “chronic growth failur...
For the last four decades the pace of economic growth in African countries remained too slow or stag...
The 2000s has been Africa’s “decade of growth.” For the first time since the 1970s, Africa has not b...
Sub-Saharan Africa (SSA) has been absent from recent debates about comparative long-run growth owing...
The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We docume...
The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We docume...
The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We docume...
The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We docume...
Growth performance of African countries since their independence in the late 1950s until mid-1990s i...
Many development specialists, policy makers, aid donors and recipient institutions have tried, with ...
African economies have grown rapidly over the past decade. But history shows that the pattern of gro...
We examine the role of trends in rainfall in the poor growth performance of sub-Saharan African nati...
A recent research work on economic growth in Africa – Collier and O’Connell (2005) – attempts to ac...
Currently, many African economies are growing more rapidly than for three decades. This is partly th...
Low and highly volatile growth define Africa’s growth experience. But there is no evidence that grow...
This chapter examines Africa’s “renaissance” following a “growth tragedy,” or “chronic growth failur...
For the last four decades the pace of economic growth in African countries remained too slow or stag...
The 2000s has been Africa’s “decade of growth.” For the first time since the 1970s, Africa has not b...
Sub-Saharan Africa (SSA) has been absent from recent debates about comparative long-run growth owing...