What are the least developed countries? -- Continuity and change in the least developed countries category -- How has the application of inclusion and graduation criteria affected the least developed countries list? -- Least developed countries and growth economics: why no convergence? -- The...

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,...