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 paper shows that ethnic diversity helps explain cross-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.
| Author: | William Easterly, Ross Levine |
|---|---|
| URN: | urn:nbn:de:hebis:30-85819 |
| ISSN: | 0033-5533 |
| Parent Title (English): | The quarterly journal of economics |
| Document Type: | Article |
| Language: | English |
| Date of Publication (online): | 2010/12/01 |
| Year of first Publication: | 1997 |
| Publishing Institution: | Universitätsbibliothek Johann Christian Senckenberg |
| Release Date: | 2010/12/01 |
| Volume: | 112 |
| Page Number: | 48 |
| First Page: | 1203 |
| Last Page: | 1250 |
| HeBIS-PPN: | 362223211 |
| Institutes: | keine Angabe Fachbereich / Extern |
| Dewey Decimal Classification: | 3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft |
| Sammlungen: | Afrika südlich der Sahara |
| Licence (German): |  Archivex. zur Lesesaalplatznutzung § 52b UrhG |
