Sources of Slow Growth in African Economies

@article{Sachs1996SourcesOS,
  title={Sources of Slow Growth in African Economies},
  author={J. Sachs and Andrew M. Warner},
  journal={Journal of African Economies},
  year={1996},
  volume={6},
  pages={335-376}
}
This paper offers some econometric evidence on the sources of slow growth in Sub-Saharan Africa. The evidence suggests that the continent's slow growth can be explained in an international cross-country framework, without the need to invoke a special explanation unique to Sub-Saharan Africa. We find that poor economic policies have played an especially important role in the slow growth, most importantly Africa's lack of openness to international markets. In addition, geographical factors such… Expand
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