Is investment in Africa too low or too high? : macro and micro evidence / Shantayanan Devarajan, William R. Easterly, Howard Pack

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

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Bibliographic Details
Main Authors:Devarajan, Shantayanan, 1954-
Corporate Authors:World Bank
World Bank
Other Authors:Pack, Howard, 1938-
Easterly, William, 1957-
Format: Online-Resource
Language:English
Published:Washington, D.C : World Bank, Development Research Group, Public Economics and Macroeconomics and Growth, 2001
Series:Policy research working paper
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