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This paper aims to assess the role of instabilities on Africa`s low rates of growth during the seventies and eighties, using cross-section econometric estimates, on a sample of African and non-African countries and two pooled decades. Africa exhibits higher `primary` instabilities (climatic,...
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We assess the prospects for growth of African economies up to the year 2010 by modelling structural and policy determinants of growth, under different scenarios for changes in the exogenous factors and economic policies which shape the projections. To this end we estimate a growth model for 39...
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