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Principal Constituents Decomposition of Economic Development—A Domestic Level Analysis of Sub-Saharan African Countries

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  • Deng, Binbin

Abstract

This paper tries to answer the question of what should be the main focuses to improve the poverty situation in Sub-Saharan Africa, through a liberal perspective, by decomposing the economic development in the region into several principal constituents on the domestic level. Emphasis is made on the policy evaluation and implications from these constituents, with a special note on the actual institutional implementation, where the issues of agency coordination are discussed. A case of Tanzania is provided in the appendices in an attempt to better illustrate the analytical results.

Suggested Citation

  • Deng, Binbin, 2009. "Principal Constituents Decomposition of Economic Development—A Domestic Level Analysis of Sub-Saharan African Countries," MPRA Paper 23237, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:23237
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    References listed on IDEAS

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    4. Dhaneshwar Ghura & Michael T. Hadjimichael, 1996. "Growth in Sub-Saharan Africa," IMF Staff Papers, Palgrave Macmillan, vol. 43(3), pages 605-634, September.
    5. Besley, Timothy, 1995. "Property Rights and Investment Incentives: Theory and Evidence from Ghana," Journal of Political Economy, University of Chicago Press, vol. 103(5), pages 903-937, October.
    6. Yusuf Bangura, 1994. "Economic Restructuring, Coping Strategies and Social Change: Implications for Institutional Development in Africa," Development and Change, International Institute of Social Studies, vol. 25(4), pages 785-827, October.
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    More about this item

    Keywords

    Sub-Saharan Africa; economic development; institutions; principal factors for development;
    All these keywords.

    JEL classification:

    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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