Many analysts decry the level of investment in Africa, saying it is too low. But there is no evidence, in cross …-country data or in microeconomic data from Tanzania, that private and public capital is productive in Africa. In that sense …, investment in Africa may be viewed as too high …

August 1995 - Problems associated with Sub-Saharan Africa's slow growth are low school attainment, political … change together, the effects on growth are more than double what they would have been if one country had acted alone. Africa …. Easterly and Levine use one methodology - cross-country regressions - to account for Sub-Saharan Africa's growth performance …

-Saharan Africa, economic growth is associated with low schooling, political instability, underdeveloped financial systems, distorted … foreign exchange markets, high government deficits, and insufficient infrastructure. Africa's high ethnic fragmentation …