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From boom to bust: avoiding economic ‘growth reversals’ in Africa

Gardner, Leigh A. and Broadberry, Stephen (2014) From boom to bust: avoiding economic ‘growth reversals’ in Africa. International Growth Centre Blog (05 Dec 2014). Website.

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African economies have grown rapidly over the past decade. But history shows that the pattern of growth and reversal which has characterised African economic performance in the post-war period can persist for centuries. If the current boom is to be different, African countries must develop institutions which allow people to specialise away from agriculture, and mitigate the impact of market failures

Item Type: Online resource (Website)
Official URL:
Additional Information: © 2014 The Author(s)
Divisions: Economic History
International Growth Centre
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
J Political Science > JC Political theory
J Political Science > JF Political institutions (General)
Date Deposited: 21 Jun 2017 13:29
Last Modified: 30 Aug 2021 23:25

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