Showing 1 - 10 of 56
Persistent link: https://www.econbiz.de/10003895056
Persistent link: https://www.econbiz.de/10008799112
This paper argues that official development assistance (foreign aid) is partly responsible for the lack of structural change in Africa. Africa's development partners have devoted too few resources and too little attention to two critical constraints to private investment, infrastructure and...
Persistent link: https://www.econbiz.de/10009501871
Persistent link: https://www.econbiz.de/10009503386
Persistent link: https://www.econbiz.de/10009720352
Africa should industrialize. Without structural change it cannot sustain recent growth. Economies with more diverse and sophisticated industrial sectors tend to grow faster. But since 1980 Africa has deindustrialized. The paper shows that between 1975 and 2005 the size, diversity and...
Persistent link: https://www.econbiz.de/10009269834
Persistent link: https://www.econbiz.de/10012230129
Persistent link: https://www.econbiz.de/10011656012
The exploitation of natural resources is a huge opportunity, but one that carries considerable risks. Relative prices in resource-exporting economies tend to push them towards economic structures dominated by the resource sector. This paper explores ways to achieve diversification in a...
Persistent link: https://www.econbiz.de/10011874020
Africa should industrialize. Without structural change it cannot sustain recent growth. Economies with more diverse and sophisticated industrial sectors tend to grow faster. But since 1980 Africa has deindustrialized. The paper shows that between 1975 and 2005 the size, diversity and...
Persistent link: https://www.econbiz.de/10010330121