After stagnating for much of its postcolonial history, economic performance in Sub?Saharan Africa has markedly improved. Since 1995, average economic growth has been close to 5 percent per year. Has Africa finally turned the corner? This paper analyzes growth accelerations and decelerations-that is, country level deviations from long?run trend growth. Seen from this perspective, Africa's record of slow and volatile growth reflects a pattern of offsetting...
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INFORMATION
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2009/01/01
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Document de travail (série numérotée)
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57753
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1
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1
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2010/12/07
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Disclosed
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Africa's growth turnaround : from fewer mistakes to sustained growth
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per capita income growth
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