Growth in Sub-Saharan Africa /

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Bibliographic Details
Author / Creator:Ghura, Dhaneshwar, author.
Imprint:[Washington, D.C.] : International Monetary Fund, African Dept., ©1995.
Description:1 online resource (iii, 27 pages)
Language:English
Series:IMF working paper ; WP/95/136
IMF working paper ; WP/95/136.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12496450
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Other authors / contributors:Hadjimichael, Michael T., author.
International Monetary Fund. African Department, issuing body.
ISBN:1282110810
9781282110816
1462362001
9781462362004
145524449X
9781455244492
9786613803696
6613803693
1455204021
9781455204021
Notes:Includes bibliographical references (pages 22-27).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
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Print version record.
Summary:Annotation The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. the results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public policies that lower the budget deficit in relation to GDP (without reducing government investment), reduce the rate of inflation, maintain external competitiveness, promote structural reforms, encourage human capital development, and slow population growth; and (iii) convergence of per capita income occurs after controlling for human capital development and public policies.
Other form:Print version: Ghura, Dhaneshwar. Growth in Sub-Saharan Africa. [Washington, D.C.] : International Monetary Fund, African Dept., ©1995