TY  - BOOK
AU  - Berthélemy,Jean-Claude
AU  - Söderling,Ludvig
TI  - Will there Be New Emerging-Market Economies in Africa b+L2280y the Year 2020?
T2  - IMF Working Papers; Working Paper
SN  - 145185529X :
SN  - 1018-5941
PY  - 2002///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Black Market Premium
KW  - imf
KW  - Comparative Studies of Countries
KW  - Diversification
KW  - Economywide Country Studies: Africa
KW  - GDP per Capita
KW  - Growth
KW  - Botswana
KW  - Burkina Faso
KW  - Ghana
KW  - Mali
KW  - Uganda
N2  - This paper examines past African growth experience and attempts to simulate future ones. In addition to more commonly used determinants of total factor productivity, a measure of the effect of labor reallocation and an index of economic diversification are constructed and included as factors for long-term growth. A simple model is constructed for the purpose of simulating growth scenarios up to the year 2020 for Burkina Faso, Côte d'Ivoire, Ghana, Mali, Tanzania, and Uganda. Even if one makes relatively optimistic assumptions, Africa is not likely to reach "Asian tiger" levels of growth. The results also suggest that growth will depend, to a large extent, on educational investments and productivity gains in agriculture
UR  - http://elibrary.imf.org/view/IMF001/07957-9781451855296/07957-9781451855296/07957-9781451855296.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451855296
ER  -