Ndulu, Benno J.; O'Connell, Stephen A. - In: Journal of Economic Perspectives 13 (1999) 3, pp. 41-66
Real income per head in much of sub-Saharan Africa grew rapidly in the 1960s, but faltered following the first OPEC oil price shock in 1973-74, and then stagnated or fell from the late 1970s to the early 1990s. Africa also saw a broad wave of authoritarian rule sweep the continent in the 1960s...
