The struggle to develop Africa : the failure of development theory -- The struggle to develop Africa : lessons from public choice theory -- The African economies today : an overview -- The state and a legacy of perverse economic policies -- Structural adjustment programs, the Bretton Woods...

Growth remained strong at 7.2 percent in 2017, with inflation contained at 1.3 percent. Higher oil prices and increased capital goods imports significantly widened the current account deficit. The macroeconomic framework in this staff report uses a new GDP series which updates the base year from...