Growth in Sub-Saharan Africa:
The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1995
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Schriftenreihe: | IMF Working Papers
Working Paper No. 95/136 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public policies that lower the budget deficit in relation to GDP (without reducing government investment), reduce the rate of inflation, maintain external competitiveness, promote structural reforms, encourage human capital development, and slow population growth; and (iii) convergence of per capita income occurs after controlling for human capital development and public policies |
Beschreibung: | 1 Online-Ressource (32 p) |
ISBN: | 1451855753 9781451855753 |
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spelling | Ghura, Dhaneshwar Verfasser aut Growth in Sub-Saharan Africa Ghura, Dhaneshwar Washington, D.C International Monetary Fund 1995 1 Online-Ressource (32 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 95/136 The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public policies that lower the budget deficit in relation to GDP (without reducing government investment), reduce the rate of inflation, maintain external competitiveness, promote structural reforms, encourage human capital development, and slow population growth; and (iii) convergence of per capita income occurs after controlling for human capital development and public policies Online-Ausg Hadjimichael, Michael T. Sonstige oth http://elibrary.imf.org/view/IMF001/02961-9781451855753/02961-9781451855753/02961-9781451855753.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Ghura, Dhaneshwar Growth in Sub-Saharan Africa |
title | Growth in Sub-Saharan Africa |
title_auth | Growth in Sub-Saharan Africa |
title_exact_search | Growth in Sub-Saharan Africa |
title_exact_search_txtP | Growth in Sub-Saharan Africa |
title_full | Growth in Sub-Saharan Africa Ghura, Dhaneshwar |
title_fullStr | Growth in Sub-Saharan Africa Ghura, Dhaneshwar |
title_full_unstemmed | Growth in Sub-Saharan Africa Ghura, Dhaneshwar |
title_short | Growth in Sub-Saharan Africa |
title_sort | growth in sub saharan africa |
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