At the end of the Cold War the west imposed economic "shock therapy" on the countries of the former Soviet Union to rapidly turn the communists into capitalists, creating oligarchs. One of the few Africa countries where shock therapy was imposed was Mozambique. Shock therapy was intended to push...

Microenterprises account for an important part of the economic activity of sub-Saharan Africa. Yet the small size, informal structure, and remote location of many microenterprises have hampered support programs from helping them realize their full economic potential. This report describes a...

Recent years have seen a significant improvement in the economic performance of some African countries. The resulting increased dispersion in income levels across Africa, combined with the pertinence of detecting regional role models renders an intra-African analysis more attractive. In this...