This book applies an economic approach to examine the driving forces behind the dynamic behaviors of developing nations. Taking into account initial conditions and environmental and external factors often oversimplified by historians and anthropologists, Guo finds that the rise and fall of...

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...