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

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

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

4. The Solow Model of Economic Growth
Economics 172: Lecture 2

5. The Solow Model of Economic Growth
Economics 172: Lecture 2

6. The Solow Model of Economic Growth
Economics 172: Lecture 2

7. The Solow Model of Economic Growth
Economics 172: Lecture 2

8. Economics 172: Lecture 2

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

10. 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

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

12. Whiteboard #1
Economics 172: Lecture 2

13. Whiteboard #2
Economics 172: Lecture 2

14. Whiteboard #3
Economics 172: Lecture 2

15. Whiteboard #4
Economics 172: Lecture 2

16. Whiteboard #5
Economics 172: Lecture 2

17. Map of Africa
Economics 172: Lecture 2