Hidden Bibliographic Details
Other authors / contributors: | Hadjimichael, Michael T., author.
International Monetary Fund. African Department, issuing body.
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ISBN: | 1282110810 9781282110816 1462362001 9781462362004 145524449X 9781455244492 9786613803696 6613803693 1455204021 9781455204021
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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. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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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.
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Other form: | Print version: Ghura, Dhaneshwar. Growth in Sub-Saharan Africa. [Washington, D.C.] : International Monetary Fund, African Dept., ©1995
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