The Role of Capital Accumulation, Adjustment and Structural Change for Economic Take‑Off: Empirical Evidence from African Growth Episodes
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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In this study, we analyse extended periods of growth in Africa based on panel estimations from 27 African countries during the 1960-1996 period. Only a dozen of such rapid growth episodes are observable in Africa since 1960, and several of them eventually came to an end. We use all existing information on macroeconomic performance in Africa in a...
