Is Investment in Africa Too Low or Too High? Macro and Micro Evidence
| Author | : Howard Pack, Shantayanan Devarajan, William Russell Easterly |
| Publisher | : World Bank Publications |
| Total Pages | : 42 |
| Release | : 2001 |
| ISBN-10 | : |
| ISBN-13 | : |
| Rating | : 4/5 ( Downloads) |
Book Synopsis Is Investment in Africa Too Low or Too High? Macro and Micro Evidence by : Howard Pack, Shantayanan Devarajan, William Russell Easterly
Download or read book Is Investment in Africa Too Low or Too High? Macro and Micro Evidence written by Howard Pack, Shantayanan Devarajan, William Russell Easterly and published by World Bank Publications. This book was released on 2001 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.