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Economic geography and African development

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  • Anthony J. Venables

Abstract

Physical and economic geography both contribute to low levels of income in Africa. The small size of African countries and markets impedes growth through a number of mechanisms. The business environment is prone to monopoly and opportunistic behaviour. Cities are relatively small. Public goods (national and regional are undersupplied). The potential benefits of natural resources are not dispersed widely enough. Growth prospects require better use of natural resource revenues and the development of clusters of export oriented manufacturing in coastal economies. Copyright (c) 2010 the author(s). Journal compilation (c) 2010 RSAI.

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  • Anthony J. Venables, 2010. "Economic geography and African development," Papers in Regional Science, Wiley Blackwell, vol. 89(3), pages 469-483, August.
  • Handle: RePEc:bla:presci:v:89:y:2010:i:3:p:469-483
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    References listed on IDEAS

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    Cited by:

    1. B. Sonneveld & M. Keyzer & P. Adegbola & S. Pande, 2012. "The Impact of Climate Change on Crop Production in West Africa: An Assessment for the Oueme River Basin in Benin," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 26(2), pages 553-579, January.
    2. Maarten Bosker & Harry Garretsen, 2010. "Trade costs in empirical New Economic Geography," Papers in Regional Science, Wiley Blackwell, vol. 89(3), pages 485-511, August.
    3. Marie-Francoise Calmette & Maureen Kilkenny, 2012. "Rural roads versus African famines," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 49(2), pages 373-396, October.
    4. Gordon H. Hanson & Chong Xiang, 2004. "The Home-Market Effect and Bilateral Trade Patterns," American Economic Review, American Economic Association, vol. 94(4), pages 1108-1129, September.
    5. Svetlana Andrianova & Badi H. Baltagi & Panicos Demetriades & David Fielding, 2017. "Ethnic Fractionalization, Governance and Loan Defaults in Africa," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 79(4), pages 435-462, August.
    6. Reynaerts, Jo & Vanschoonbeek, Jakob, 2016. "The Economics of State Fragmentation: Assessing the Economic Impact of Secession - Addendum," MPRA Paper 72379, University Library of Munich, Germany.
    7. Nicita, Alessandro & Rollo, Valentina, 2015. "Market Access Conditions and Sub-Saharan Africa’s Exports Diversification," World Development, Elsevier, vol. 68(C), pages 254-263.
    8. Hamaguchi, Nobuaki, 2011. "Evidence from Spatial Correlation of Poverty and Income in Kenya," Working Papers 35, JICA Research Institute.
    9. Reynaerts, Jo & Vanschoonbeek, Jakob, 2016. "The Economics of State Fragmentation - Assessing the Economic Impact of Secession," MPRA Paper 69681, University Library of Munich, Germany.
    10. Crafts, Nicholas & O’Rourke, Kevin Hjortshøj, 2014. "Twentieth Century Growth*This research has received funding from the European Research Council under the European Union’s Seventh Framework Programme (FP7/2007-2013) / ERC grant agreement no. 249546.," Handbook of Economic Growth,in: Handbook of Economic Growth, edition 1, volume 2, chapter 6, pages 263-346 Elsevier.
    11. Masagus M. Ridhwan & Henri L.F. de Groot & Piet Rietveld & Peter Nijkamp, 2012. "Regional Interest Rate Variations: Evidence from the Indonesian Credit Markets," Tinbergen Institute Discussion Papers 12-073/3, Tinbergen Institute.
    12. Karima Kourtit & Peter Nijkamp & Mark D. Partridge & Janet E. Kohlhase, 2013. "The new urban world 2050: perspectives, prospects and problems," Regional Science Policy & Practice, Wiley Blackwell, vol. 5(2), pages 153-165, June.
    13. Jedwab, Remi & Vollrath, Dietrich, 2015. "Urbanization without growth in historical perspective," Explorations in Economic History, Elsevier, vol. 58(C), pages 1-21.
    14. Kraftova Ivana & Chladek Tomas & Minarik Jakub, 2011. "Do Globalisation and Economic Cycles Reduce the Sector Inequality of Supra-Regions?," European Spatial Research and Policy, De Gruyter Open, vol. 18(2), pages 111-127, November.
    15. repec:kap:jinten:v:15:y:2017:i:4:d:10.1007_s10843-017-0211-6 is not listed on IDEAS

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