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This paper outlines the impact of the global economic crisis on Africa. Recovery requires coordinated and consistent efforts to assist individual countries in mitigating (reducing) the risk, coping with the impact, and reducing risk over the longer term. Care should be exercised to maintain and...
Persistent link: https://www.econbiz.de/10004995236
The success of Africa's exports, as well as its spatial development, depends on lowering transport costs. In this Policy Brief, we address a number of pertinent questions on transport costs in Africa, such as 'what are transport costs?', 'do transport costs matter for trade?', 'how important are...
Persistent link: https://www.econbiz.de/10005059811
Geography causes African countries to experience a ?proximity gap?. To overcome this gap a ?big push? may be needed in infrastructure. The cross-border nature of such infrastructure requires regional cooperation in at least four issues: transport infrastructure, trade facilitation,...
Persistent link: https://www.econbiz.de/10005031862
Sub-Saharan Africa (SSA) has the highest growth rate in net international migration in the world. The reasons for this migration are investigated in this paper. First, a survey of the literature on the profile and determinants of international migration in SSA is given. Second, panel data on 45...
Persistent link: https://www.econbiz.de/10005031899
The global economic crisis beginning in 2008 has come at a very inopportune time for Africa. Sub-Saharan Africa (SSA) appeared to be on a march toward real economic and human progress, following the dismal performance of the 1980s and early 1990s. Economic growth had resurged since the...
Persistent link: https://www.econbiz.de/10008783576
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The current paper, first, finds that although the post-independence growth of African economies has fallen substantially below that of other regions, this comparative evidence is less than uniform across time and countries. Second, it uncovers total factor productivity as the primary culprit...
Persistent link: https://www.econbiz.de/10009011675