As the economies of most Sub-Saharan countries stagnated, especially in the early 1980s, it became necessary to reform and restructure these economies. The financial sector received a major part of this attention and so did infrastructure, where programmes of deregulation and privatisation with...

Capital -- physical, human or financial -- is a vital factor in the growth and development of African economies, especially within the setting of the global economy. The present article provides an overview for three pertinent papers. First, it is observed that capital flight and the brain drain...

In light of the importance of pro-poor growth strategies in reducing the especially high poverty rates in Africa, the present article provides an overview for three pertinent papers. First, it is proposed that an important pro-poor growth strategy would entail a greater focus on the rural...

This article presents an overview of the current special issue ‘Institutions and African Economies’. The findings include: (1) greater prevalence of democratic regimes improved both agricultural productivity and the overall growth of African economies, consistent with ‘new...

Recent evidence from an exhaustive political-economy study of growth of African economies—the Growth Project of the African Economic Research Consortium—suggests that ‘policy syndromes’ have substantially contributed to the generally poor growth in Sub-Saharan Africa during...

Over 2,700 public enterprises had been divested in Africa by 1997 as part of the structural adjustment programmes embarked on by many African countries. The degree of success of these privatisations will depend in great part on the nature of corporate governance. This article presents an...

Globalisation has become a salient topic of discussion, as the impacts of international forces are increasingly felt in many countries around the world. This article presents an overview of the set of papers on globalisation appearing in the current issue, with special focus on the implications...

The current article synthesises three papers on public sector delivery, with special reference to developing countries. The papers employ a principal-agent framework, in the presence of asymmetric information, to identify appropriate policy interventions in order to deliver public services more...