Sangam: A Confluence of Knowledge Streams

How Fragile Is Africa's Recent Growth?

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dc.creator Arbache, Jorge Saba
dc.creator Page, John
dc.date 2012-03-30T07:29:02Z
dc.date 2012-03-30T07:29:02Z
dc.date 2010
dc.date.accessioned 2023-02-18T19:43:52Z
dc.date.available 2023-02-18T19:43:52Z
dc.identifier Journal of African Economies
dc.identifier 09638024
dc.identifier http://hdl.handle.net/10986/4649
dc.identifier.uri http://localhost:8080/xmlui/handle/CUHPOERS/250127
dc.description Has Africa finally reached the path to sustained growth? We find that much of the improvement in economic performance in Africa after 1995 is attributable to a substantial reduction in the frequency and severity of growth declines in all economies and an increase in growth accelerations in mineral-rich economies. We find, however, that growth accelerations have not been generally accompanied by improvements in variables often correlated with long run growth, such as investment. We also fail to find evidence that substantial policy and governance improvements were associated with the post-1995 accelerations. We conclude that Africa's growth recovery remains fragile.
dc.language EN
dc.relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights World Bank
dc.subject Macroeconomics: Production E230
dc.subject Macroeconomic Analyses of Economic Development O110
dc.subject Formal and Informal Sectors
dc.subject Shadow Economy
dc.subject Institutional Arrangements O170
dc.subject Measurement of Economic Growth
dc.subject Aggregate Productivity
dc.subject Cross-Country Output Convergence O470
dc.subject Exhaustible Resources and Economic Development Q320
dc.title How Fragile Is Africa's Recent Growth?
dc.type Journal Article
dc.type Journal Article
dc.coverage Africa


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