Lall, Somik V.; Henderson, J. Vernon; Venables, Anthony; … - 2017
Cities in Sub-Saharan Africa are experiencing rapid population growth. Yet their economic growth has not kept pace. Why …? One factor might be low capital investment, due in part to Africa's relative poverty: Other regions have reached similar … stages of urbanization at higher per capita GDP. This study, however, identifies a deeper reason: African cities are closed …