"A long road to substantive levels of industrialization still lies ahead of most African countries. The challenges facing policy-makers, industrialists, industrial development activist and all other actors in these countries are enormous. This raises the question as to, what role the...

This volume is a collection of selected empirical studies on determinants of economic growth in Africa. Grouped into three parts, chapters examine the influence of financial sources and economic growth; sources of productivity growth; and prices, exchange rates and trade relationships with...