Is Investment in Africa Too Low or Too High? Macro and Micro Evidence
Howard Pack, Shantayanan Devarajan, William Russell Easterly
Jan 2001 · World Bank Publications
Ebook
36
Pages
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info
About this ebook
Many analysts decry the level of investment in Africa, saying it is too low. But there is no evidence, in cross-country data or in microeconomic data from Tanzania, that private and public capital is productive in Africa. In that sense, investment in Africa may be viewed as too high.
Many analysts decry the level of investment in Africa, saying it is too low. But there is no evidence, in cross-country data or in microeconomic data from Tanzania, that private and public capital is productive in Africa. In that sense, investment in Africa may be viewed as too high.
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