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Why Not Africa?

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Richard B. Freeman
David L. Lindauer

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Abstract

Various arguments have been used to explain Sub-Saharan Africa's economic decline. We find that a stress on investments in education as a prerequisite for more rapid growth is misplaced; that greater openness is far from sufficient to insure economic progress; that income inequality and urban bias are not so extreme as to foreclose prospects for more rapid growth and poverty alleviation; and that the constraints imposed by Sub-Saharan Africa's human and physical geography are not core explanations for the regions poor performance. If African countries can establish an institutional environment that enables individuals to gain the rewards of their investments, the alleged barriers to the region's growth should prove surmountable.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 6942.

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Date of creation: Feb 1999
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Handle: RePEc:nbr:nberwo:6942

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  13. Pritchett, Lant, 1996. "Measuring outward orientation in LDCs: Can it be done?," Journal of Development Economics, Elsevier, vol. 49(2), pages 307-335, May. [Downloadable!] (restricted)
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  1. Oyelaran-Oyeyinka, Banji & Barclay, Lou Anne, 2003. "Systems of Innovation and Human Capital in African Development," Discussion Papers 2, United Nations University, Institute for New Technologies. [Downloadable!]
  2. Simon Johnson & Jonathan David Ostry & Arvind Subramanian, 2007. "The Prospects for Sustained Growth in Africa: Benchmarking the Constraints," IMF Working Papers 07/52, International Monetary Fund. [Downloadable!]
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  3. Narula,Rajneesh, 2002. "Switching from import substitution to the ‘New Economic Model’ in Latin America: A case of not learning from Asia," Research Memoranda 042, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology. [Downloadable!]
  4. Ines Lindner & Holger Strulik, 2004. "Social Fractionalization, Endogenous Property Rights, and Economic Development," Discussion Papers 04-27, University of Copenhagen. Department of Economics. [Downloadable!]
  5. Holger Strulik, 2004. "Social Composition, Social Conflict, and Economic Development," DEGIT Conference Papers c009_018, DEGIT, Dynamics, Economic Growth, and International Trade. [Downloadable!]
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  6. Peter Berezin & Elcior Santana & A. Salehizadeh, 2002. "The Challenge of Diversification in the Caribbean," IMF Working Papers 02/196, International Monetary Fund. [Downloadable!]
  7. Holger Strulik, 1999. "Globalisation and the Welfare State," Quantitative Macroeconomics Working Papers 19902, Hamburg University, Department of Economics. [Downloadable!]
  8. Holger Strulik & Ines Lindner, 1999. "Why not Africa? -- Growth and Welfare Effects of Secure Property Rights," Quantitative Macroeconomics Working Papers 19909, Hamburg University, Department of Economics. [Downloadable!]
    Other versions:
  9. Lindner,I. & Strulik, H., 1999. "Property Rights and Growth," Electronic-Only (EO) Working Papers 9903, Faculty of Economics, University of Cambridge. [Downloadable!]
    Other versions:
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