期刊名称:Discussion Paper Series / Department of Economics, New York University
出版年度:2003
卷号:1
出版社:New York University
摘要:The dismal growth performance of Africa is the worst economic tragedy of the
XXth century. We document the evolution of per capita GDP for the continent as
a whole and for subset of countries south of the Sahara desert. We document the
worsening of various income inequality indexes and we estimate poverty rates
and headcounts. We then analyze some of the central robust determinants of
economic growth reported by Sala-i-Martin, Doppelhofer and Miller (2003) and
project the annual growth rates Africa would have enjoyed if these key
determinants had taken OECD rather than African values. Expensive investment
goods, low levels of education, poor health, adverse geography, closed
economies, too much public expenditure and too many military conflicts are seen
as key explanations of the economic tragedy.
关键词:Africa, determinants of Growth, economic development