Is investment in Africa too low or too high? macro and micro evidence
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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Corporate Author: | |
Other Authors: | , |
Format: | eBook |
Language: | English |
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Washington, D.C
World Bank, Development Research Group, Public Economics and Macroeconomics and Growth
2001
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Series: | Policy research working paper
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Online Access: | |
Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
Summary: | 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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Item Description: | Includes bibliographical references (p. 24-26). - Title from title screen as viewed on Sept. 24, 2002 |