Is investment in Africa too low or too high?
macro and micro evidence
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Author
Contributions
- Easterly, William Russell. - Contributor
- Pack, Howard. - Contributor
- World Bank. Development Research Group. Macroeconomics and Growth. - Contributor
- World Bank. Development Research Group. Public Economics. - Contributor
Publication
2001 - World Bank, Development Research Group, Public Economics and Macroeconomics and Growth, Washington, D.C, District of Columbia
Language
English
Word Count
0 words, Guess
Page Count
0 pages
Physical Format
Electronic resource
Identifiers
- Library of Congress Control Number2002616113
- Open LibraryOL3669283M
Classifications
- LCCHG3881.5.W57
Description
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.
Subjects
Topics
InvestmentsRate of returnCapital movementsInvestments -- AfricaSaving and investmentRate of return -- AfricaCapital movements -- AfricaSaving and investment -- Africa
Places
Series Statement
- Policy research working paper ;
- 2519
- Policy research working papers (Online) ;
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