Intro -- Contents -- Acknowledgments -- Preface to the Paperback Edition -- Prologue: The Quest -- I - Why Growth Matters -- 1 - To Help the Poor -- Intermezzo: In Search of a River -- II - Panaceas That Failed -- 2 - Aid for Investment -- Intermezzo: Parmila -- 3 - Solow's Surprise: Investment...

Macroeconomic data have been shown to vary substantially between sources, especially so for low-income countries. While the impact of data revisions on inference is well documented for cross-country studies, there is no systematic analysis of the robustness of results obtained from time series...

To continue its economic growth and create new and better livelihoods, Africa must transform the productive side of its economy. Ongoing globalization - in trade, finance, and technology - opens up new possibilities for structural transformation, but also new risks as Africa's integration with...

The new growth literature, using both endogenous growth and neoclassical models, has generated strong claims for the effect of national policies on economic growth. Empirical work on policies and growth has tended to confirm these claims. This paper casts doubt on this claim for strong effects...