Ethnic divisions explain a significatn part of Africa's slow growth and Africa's choice of growth-reducing policies. Africa's poor growth is associated with Africa's low schooling, political instability, underdeveloped financial systems, distorted foreign exchange markets, high government deficits, insufficient infrastructure, and poor institutions.
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Paper provided by Harvard - Institute for International Development in its series Papers with number
536.
Length: 33 pages Date of creation: 1996 Date of revision: Handle: RePEc:fth:harvid:536
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Find related papers by JEL classification: O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity N15 - Economic History - - Macroeconomics and Monetary Economics; Growth and Fluctuations - - - Asia including Middle East
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