Troubles with the Neighbours: Africa's Problem, Africa's Opportunity
There is systematic contagion across national borders. Favorable or unfavorable growth performance of one's neighbors tends to influence one's own long-run growth rate. Policy choices are also contagious across borders. While improving policies alone boosts growth substantially, the growth effects are much larger if neighboring countries act together. Copyright 1998 by Oxford University Press.
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Volume (Year): 7 (1998)
Issue (Month): 1 (March)
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