, unrest lowers confidence and raises uncertainty; however, its adverse effect on GDP can be mitigated by strong institutions …

Africa has come a long way since the economic turmoil of the 1980s, the decade of "structural adjustment". Growth has … of diversification in Africa's economies-in contrast to Asia's success stories. Structural adjustment did not change the … manufacturing and service clusters, Africa is yet to follow East Asia in integrating with the global economy in ways that add value …

of 51 African countries covering the period 1980 to 2012, we test first, whether aid and institutional quality factors … have an effect on growth. We find evidence to support the most recent studies showing that aid has a positive impact on … for aid to achieve impact on growth. Second, we test whether donor aid facilitates political business cycles, and …

In recent decades, Africa has received a large share of official development assistance compared to other regions of … the world. Using AidData for 2000-13, this paper examines the effects of aid to productive sectors on manufacturing growth … in Africa. Econometric results show that increased assistance to these sectors is associated with an increase in growth …