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Economic Growth in Africa By Xavier Sala-i-Martin June 2004
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Africa (1): Institutions
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Africa (2): Physical Capital and Infrastructures
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Africa (3) Human Capital: Education and Training
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Africa (3): Human Capital: Education and Training
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Africa (3) Human Capital: Health
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Africa (4): Macro Stability
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Africa (5): Technological Sophistication and Usage
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Africa (6): Openness and Market Size
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Africa (7): Efficiency in Goods Markets
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Africa (8): Efficiency of Labor Markets
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Africa (9): Financial Infrastructure
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Africa (10): Security
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Africa: Security and Social Stability
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Africa (11): Innovation
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Conclusions Africa Heterogeneous Performance: Heterogeneous Performance: –South Africa, Botswana, Namibia, Gambia, Mauritius, Ghana, and Tanzania tend to score well –Angola, Chad, Mozambique and Zimbabwe tend to score poorly By and Large African Countries have problems in ALL 12 Areas with exception of Macroeconomic Stability (Zimbabwe and Angola are HUGE exceptions here) By and Large African Countries have problems in ALL 12 Areas with exception of Macroeconomic Stability (Zimbabwe and Angola are HUGE exceptions here) Relative to other developing countries, Openness and Financial Development (but relative to Asia or OECD, not true) Relative to other developing countries, Openness and Financial Development (but relative to Asia or OECD, not true)
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