Africas growth tragedy : policies and ethnic divisions

Explaining cross-country differences in growth rates requires not only an understanding of the link between growth and public policies, but also an understanding of why countries choose different public policies. This pa
Explaining cross-country differences in growth rates requires not only an understanding of the link between growth and public policies, but also an understanding of why countries choose different public policies. This paper shows that ethnic diversity helps explain crosB-country differences in public policies and other economic indicators. In the case of Sub-Ssharan Africa, economic growth is associated with low schooling, political instability, underdeveloped financial systems, distorted foreign exchange markets, high government deficits, and insufficient infrastructure. Africa's high ethnic fragmentation explains a significant part of most of these characteristics.
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Metadaten
Author:William Easterly, Ross Levine
URN:urn:nbn:de:hebis:30-85819
Document Type:Article
Language:English
Date of Publication (online):2010/12/01
Year of first Publication:1997
Publishing Institution:Univ.-Bibliothek Frankfurt am Main
Release Date:2010/12/01
Note:
ISSN : 0033-5533
Source:The quarterly journal of economics, 112, S. 1203-1250
Institutes:Extern
Dewey Decimal Classification:330 Wirtschaft
Sammlungen:Afrika südlich der Sahara
Licence (German):License LogoArchivex. zur Lesesaalplatznutzung § 52b UrhG

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