For the last four decades the pace of economic growth in African countries remained too slow or stagnant. This problem is analyzed by first developing a framework that focus on growth process of indigent economy, where deferring current consumption is hardly possible, and by relaxing the usual assumption of unfailing market condition. The analytic result suggests that the degree and direction of effects of factors of market failure make a difference in nations\u27 level of income per capita as well as its rate of growth. On this ground, the poor economic performance observed in the region can be well attributed to poor capacity to manage and exploit factors of market failure. The empirical evidence obtained from analysis of panel data suppo...
This paper reviews the innovative capabilities and absorptive capacities of African countries, and i...
African economies have been shaken by the global economic downturn which followed the US-centered fi...
There is a considerable literature on the growth performance of the subSaharan countries, which tend...
For the last four decades the pace of economic growth in African countries remained too slow or stag...
For the last four decades the pace of economic growth in African countries remained too slow or stag...
The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We docume...
African economies have grown rapidly over the past decade. But history shows that the pattern of gro...
This paper offers some econometric evidence on the sources of slow growth in Sub-Saharan Africa. The...
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...
Cross-sectional studies of growth in post-colonial Africa have overwhelmingly focussed on explaining...
Cross-sectional studies of growth in post-colonial Africa have overwhelmingly focussed on explaining...
The paper investigates the causes of Africa¡¯s poor growth performance. It therefore focuses on the ...
There is a considerable literature on the growth performance of the subSaharan countries, which tend...
There is a considerable literature on the growth performance of the subSaharan countries, which tend...
This paper reviews the innovative capabilities and absorptive capacities of African countries, and i...
African economies have been shaken by the global economic downturn which followed the US-centered fi...
There is a considerable literature on the growth performance of the subSaharan countries, which tend...
For the last four decades the pace of economic growth in African countries remained too slow or stag...
For the last four decades the pace of economic growth in African countries remained too slow or stag...
The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We docume...
African economies have grown rapidly over the past decade. But history shows that the pattern of gro...
This paper offers some econometric evidence on the sources of slow growth in Sub-Saharan Africa. The...
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...
Cross-sectional studies of growth in post-colonial Africa have overwhelmingly focussed on explaining...
Cross-sectional studies of growth in post-colonial Africa have overwhelmingly focussed on explaining...
The paper investigates the causes of Africa¡¯s poor growth performance. It therefore focuses on the ...
There is a considerable literature on the growth performance of the subSaharan countries, which tend...
There is a considerable literature on the growth performance of the subSaharan countries, which tend...
This paper reviews the innovative capabilities and absorptive capacities of African countries, and i...
African economies have been shaken by the global economic downturn which followed the US-centered fi...
There is a considerable literature on the growth performance of the subSaharan countries, which tend...