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Africa should industrialize. Without structural change it cannot sustain recent growth. Economies with more diverse and … sophisticated industrial sectors tend to grow faster. But since 1980 Africa has deindustrialized. The paper shows that between 1975 … and 2005 the size, diversity and sophistication of industry in Africa have all declined. An industrialization strategy …
Persistent link: https://www.econbiz.de/10010330121
Studies of aid effectiveness abound in the literature, often with opposing conclusions. Since most time-series studies use data from the exact same publicly available data bases, our claim here is that such differences in results must be due to the use of different econometric models and...
Persistent link: https://www.econbiz.de/10010280113
The global economic crisis beginning in 2008 has come at a very inopportune time for Africa. Sub-Saharan Africa (SSA …
Persistent link: https://www.econbiz.de/10010280127
Using a panel vector autoregressive model this paper investigates the dynamic and endogeneous contribution of tourism to output based on a sample of 40 African countries for the period 1990 - 2006. Results from the study confirm tourism to be an important ingredient of African development...
Persistent link: https://www.econbiz.de/10010280162
-country regressions covering 31 Sub-Saharan African countries suggest that growth in Africa is not simply a question of capital …
Persistent link: https://www.econbiz.de/10010280171
Scholars and policy makers believe that democracy will bring prosperity through integration into the global economy via increased international trade. This study tests two theories as to why democracies might trade more. First, political freedom may be correlated with economic freedom, thus...
Persistent link: https://www.econbiz.de/10010280181
Many low income countries in Africa are optimistic that producing biofuels domestically will not only reduce their …
Persistent link: https://www.econbiz.de/10010280240
Donor support for decentralization comes in two main categories: recommendations at the policy level and project activities at the programming level. At the policy level, donors promote decentralization by recommending greater autonomy for subnational actors. That is, they advocate for reforms...
Persistent link: https://www.econbiz.de/10010319782
achieving security, yet the experience of changing policing systems in Africa is disappointing. Only South Africa and a few post …
Persistent link: https://www.econbiz.de/10010319787
, especially in Africa, the role of foreign aid in the future should be distinctly different. While aid will be required to …
Persistent link: https://www.econbiz.de/10010319797