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Africa's Growth Tragedy : Policies and Ethnic Divisions.

Authors
Disciplines
  • Education
  • Political Science

Abstract

Ethnic divisions explain a significatn part of Africa's slow growth and Africa's choice of growth-reducing policies. Africa's poor growth is associated with Africa's low schooling, political instability, underdeveloped financial systems, distorted foreign exchange markets, high government deficits, insufficient infrastructure, and poor institutions.

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