Réforme et croissance économiques en Afrique: sont-elles durables ?

Jean-Louis Arcand, Patrick Guillaumont () and Sylviane Guillaumont Jeanneney ()

No 200011, Working Papers from CERDI

Abstract: This paper, relying on the results of several cross-sectionnal growth regressions, examines the factors determining the sustainability of policy reforms and growth in Africa. Five structural factors are considered as determinants of policy: 1) ethno-linguistic fragmentation, which influences growth directly rather than through policy, 2) human capital, which due to its low level is an impediment to good policy, although its effect is in all likelihood waning, 3) vulnerability to external shocks, possibly dampened thanks to better management and democratization, 4) political factors, mainly political instability and violence, which themselves partly depend on the previous factors, 5) foreign aid which could be allocated and "conditionned" so as to be more conducive to policy reform and growth. A simplified structural model of growth and policy, estimated in first differences and by GMM, and supplemented by an estimate of a political instability function, summarizes the main lines of our arguments.

Pages: 27
Date: 2000
References: Add references at CitEc
Citations:

Downloads: (external link)
http://publi.cerdi.org/ed/2000/2000.11.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://publi.cerdi.org/ed/2000/2000.11.pdf [301 Moved Permanently]--> https://publi.cerdi.org/ed/2000/2000.11.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cdi:wpaper:140

Access Statistics for this paper

More papers in Working Papers from CERDI Contact information at EDIRC.
Bibliographic data for series maintained by Vincent Mazenod ().