This paper attempts to analyze the magnitude of the setback in capital accumulation in Eastern and Southern Africa and the proximate causes of this phenomenon. The sample consists of 16 countries and available data for the late 1960s and 1970s are explored. Given the weakness of the statistics, the authors rely more on expert observations than on rigorous quantitative assessments; available data are analyzed, however. Capital formation increased fairly...
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INFORMATION
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1983/04/30
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Document de travail des services de la Banque mondiale
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SWP562
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1
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1
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2010/07/01
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Capital accumulation in Eastern and Southern Africa : a decade of setbacks
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efficiency of the public sector
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