Guillaumont, Patrick; Jeanneney, Sylviane Guillaumont; … - In: Journal of African Economies 8 (1999) 1, pp. 87-107
This paper aims to assess the role of instabilities on Africa's low rates of growth during the seventies and eighties, using cross-section econometric estimates, on a sample of African and non-African countries and two pooled decades. Africa exhibits higher 'primary' instabilities (climatic,...