Reform and Growth in Africa.

What qualifies an economy as "emerging"? The answers provided in this book lead to a fresh conception of the diversity of the African continent. Thus, growth dynamics cannot simply be measured in economic terms. Indicators must also include governance, efficiency and democracy of institutions, and an appropriate climate for business. All these issues are linked to policies, and the outstanding conclusion of this book, in the face of embedded "Afro-pessimism", is that policies do matter for growth; that there is no "African mystery", simply poor policies and bad governance. Reform and Growth in.  Read more...