Commodity Prices and Growth in Africa

Journal of Economic Perspectives - Tập 13 Số 3 - Trang 23-40 - 1999
Angus Deaton1
1Princeton University, Princeton, New Jersey

Tóm tắt

African states that came to independence by the late 1960s made a rapid transition to authoritarian rule during a period of reasonably robust growth. Growth then faltered badly from the mid-1970s to the mid-1990s as these regimes coped with external shocks and varying degrees of fiscal crisis. Leading critics embed Africa's slow growth in failures of governance associated with “weak” authoritarian rule. These provide important insights into policy patterns while suggesting the growth-promoting potential of Africa's recent Democratization.

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Tài liệu tham khảo

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Thông tin
Thông tin xuất bản

Journal of Economic Perspectives

Tập 13 Số 3

23-40

Thông tin tác giả