Bleaney, Michael F.; Greenaway, David - 1998 - Manuscript received: July 1998
excessive export price volatility on investment incentives. In this paper the impact of external disturbances on investment and … growth is estimated for a panel of 14 sub-Saharan African countries over the period 1980-95. Both growth and investment … the terms of trade and the real exchange rate were not found to have significant effects on either investment or growth. …