Economics 172 Issues in African Economic Development

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Presentation transcript:

Economics 172 Issues in African Economic Development Lecture 3 January 24, 2006

Reading packets are now at Bancroft Copy Central Economics 172: Lecture 2

Outline: Jones (2002) on Solow model Easterly (2001) critique Bloom and Sachs (1998) on geography, health and African underdevelopment Economics 172: Lecture 2

The Solow Model of Economic Growth Economics 172: Lecture 2

The Solow Model of Economic Growth Economics 172: Lecture 2

The Solow Model of Economic Growth Economics 172: Lecture 2

The Solow Model of Economic Growth Economics 172: Lecture 2

Economics 172: Lecture 2

The Curse of the Tropics? 1995 per capita income (PPP) - Worldwide Tropical $3,326, Non-tropical $9,027 Economics 172: Lecture 2

The Curse of the Tropics? 1995 per capita income (PPP) - Worldwide Tropical $3,326, Non-tropical $9,027 - Sub-Saharan Africa Tropical $1,732, Non-tropical $5,438 Economics 172: Lecture 2

For next time: Read Bloom and Sachs (1998) Economics 172: Lecture 2

Whiteboard #1 Economics 172: Lecture 2

Whiteboard #2 Economics 172: Lecture 2

Whiteboard #3 Economics 172: Lecture 2

Whiteboard #4 Economics 172: Lecture 2

Whiteboard #5 Economics 172: Lecture 2

Map of Africa Economics 172: Lecture 2