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Africa's Growth Tragedy : A Retrospective, 1960 - 89

Author: Ross Levine; William Easterly
Publisher: Washington, D.C : The World Bank, 1999.
Series: World Bank E-Library Archive
Edition/Format:   Computer file : EnglishView all editions and formats
Database:WorldCat
Summary:
Strategy. Improving policies alone boosts growth substantially, but if neighboring countries act together, the effects on growth are much greater. Specifically, the results suggest that the effect of neighbors' adopting a policy change is 2.2 times greater than if a single country acted alone. This paper - a joint product of the Macroeconomics and Growth Division and the Finance and Private Sector Development  Read more...
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Details

Material Type: Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Ross Levine; William Easterly
OCLC Number: 874220448
Reproduction Notes: Reproduction. s.l.
Description: 1 online resource (44 p.)
Series Title: World Bank E-Library Archive
Responsibility: Levine, Ross.

Abstract:

Strategy. Improving policies alone boosts growth substantially, but if neighboring countries act together, the effects on growth are much greater. Specifically, the results suggest that the effect of neighbors' adopting a policy change is 2.2 times greater than if a single country acted alone. This paper - a joint product of the Macroeconomics and Growth Division and the Finance and Private Sector Development Division, Policy Research Department - is part of a larger effort in the department to understand the link between policies and growth. The study was funded by the Bank's Research Support Budget under the research project Patterns of Growth (RPO 678-26).

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