Africa's Growth Tragedy: Policies and Ethnic Divisions

William Easterly and Ross Levine (rosslevine@stanford.edu)

Working Papers from Harvard - Institute for International Development

Abstract: Ethnic divisions explain a significatn part of Africa's slow growth and Africa's choice of growth-reducing policies. Africa's poor growth is associated with Africa's low schooling, political instability, underdeveloped financial systems, distorted foreign exchange markets, high government deficits, insufficient infrastructure, and poor institutions.

Keywords: AFRICA; ECONOMIC GROWTH (search for similar items in EconPapers)
JEL-codes: N15 O4 (search for similar items in EconPapers)
Pages: 33 pages
Date: 1996
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Citations: View citations in EconPapers (32)

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Journal Article: Africa's Growth Tragedy: Policies and Ethnic Divisions (1997)
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