Normal view MARC view ISBD view

Raising Growth and Investment in Sub-Saharan Africa [electronic resource] : What Can be Done? / Ernesto Hernández-Catá.

By: Hernández-Catá, Ernesto.
Material type: materialTypeLabelBookSeries: IMF Policy Discussion Papers; Policy Discussion Paper: No. 00/4Publisher: Washington, D.C. : International Monetary Fund, 2000Description: 1 online resource (27 p.).ISBN: 1451973519 :.ISSN: 1934-7456.Subject(s): Debt Relief | Growth | Macroeconomic Stability | Poverty Reduction | Private Investment | Africa | Botswana | Cameroon | Congo, Democratic Republic of theAdditional physical formats: Print Version:: Raising Growth and Investment in Sub-Saharan Africa : What Can be Done?Online resources: IMF e-Library | IMF Book Store Abstract: This paper argues that sub-Saharan Africa's growth performance needs to be improved substantially in order to raise standards of living to an acceptable level and achieve a visible reduction in poverty. The paper provides a broad overview of the explanations for sub-Saharan Africa's unsatisfactory growth performance in the past, paying particular attention to the empirical literature. It argues that growth has been hampered by economic distortions and institutional deficiencies that have increased the risk of investing in Africa, and lowered the rates of return on capital and labor as well as the growth of total factor productivity.
Tags from this library: No tags from this library for this title. Log in to add tags.
    average rating: 0.0 (0 votes)
No physical items for this record

This paper argues that sub-Saharan Africa's growth performance needs to be improved substantially in order to raise standards of living to an acceptable level and achieve a visible reduction in poverty. The paper provides a broad overview of the explanations for sub-Saharan Africa's unsatisfactory growth performance in the past, paying particular attention to the empirical literature. It argues that growth has been hampered by economic distortions and institutional deficiencies that have increased the risk of investing in Africa, and lowered the rates of return on capital and labor as well as the growth of total factor productivity.

Description based on print version record.

There are no comments for this item.

Log in to your account to post a comment.

Ⓒ 2020 Dedan Kimathi University of Technology

Library