International Commodity Prices, Macroeconomic Performance, and Politics in Sub-Saharan Africa
AbstractThis study loods at the experience of Sub-Saharan Africa in dealing with commodity-price variability and discusses whether poor macroeconomic results should be attributed to the inherent difficulty of predicting commodity-price fluctuations, or, rather, to flawed internal political and fiscal arrangements. In an attempt to establish the facts and to cast light on some of the mechanisms, it examines pan-African econometric evidence on the effects of commodity-price fluctuations on national output and its components.
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Bibliographic InfoPaper provided by International Economics Section, Departement of Economics Princeton University, in its series Princeton Studies in International Economics with number 79.
Length: 96 pages
Date of creation: 1995
Date of revision:
Contact details of provider:
Postal: International Finance Section, Department of Economics Princeton University, Princeton, New Jersey, U.S.A
Phone: (609) 258-4000
Fax: (609) 258-6419
Web page: http://www.econ.princeton.edu/
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BUSINESS CYCLES ; INTERNATIONAL TRADE ; AFRICA;
Other versions of this item:
- Deaton, Angus & Miller, Ron, 1996. "International Commodity Prices, Macroeconomic Performance and Politics in Sub-Saharan Africa," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 5(3), pages 99-191, October.
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- N17 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Africa; Oceania
- N27 - Economic History - - Financial Markets and Institutions - - - Africa; Oceania
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