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This paper presents a model determining the available political and economic reform space as well as the economic …
Persistent link: https://www.econbiz.de/10014219106
Africa has come a long way since the economic turmoil of the 1980s, the decade of "structural adjustment". Growth has been strong, yet poverty remains high. Underlying the shortage of good livelihoods and high social inequality is the lack of diversification in Africa's economies-in contrast to...
Persistent link: https://www.econbiz.de/10011396968
less exposed to trade shocks. Economic reform has had mixed results in both sets of countries and this paper develops a … build greater political accountability. The basic model is adapted to explain differential progress with reform among the … the most propitious conditions for transition reform arise among the relatively undistorted, resource-poor coastal …
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