Economic Growth in Africa

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Economic Growth in Africa

• By Xavier Sala-i-Martin
• June 2004

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Africa (1) Institutions
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Africa (1) Institutions
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Africa (1) Institutions
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Africa (1) Institutions
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Africa (2) Physical Capital and Infrastructures
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Africa (3) Human Capital Education and Training
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Africa (3) Human Capital Education and Training
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Africa (3) Human Capital Health
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Africa (4) Macro Stability
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Africa (5) Technological Sophistication and Usage
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Africa (6) Openness and Market Size
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Africa (7) Efficiency in Goods Markets
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Africa (8) Efficiency of Labor Markets
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Africa (9) Financial Infrastructure
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Africa (10) Security
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Africa Security and Social Stability
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Africa (11) Innovation
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Conclusions Africa

• Heterogeneous Performance
• South Africa, Botswana, Namibia, Gambia,
  Mauritius, Ghana, and Tanzania tend to score well
  
• Angola, Chad, Mozambique and Zimbabwe tend to
  score poorly
• By and Large African Countries have problems in
  ALL 12 Areas with exception of Macroeconomic
  Stability (Zimbabwe and Angola are HUGE
  exceptions here)
• Relative to other developing countries, Openness
  and Financial Development (but relative to Asia
  or OECD, not true)