Africa's Growth Tragedy: Policies and Ethnic Divisions

Posted: 6 Feb 1997

See all articles by William Easterly

William Easterly

New York University - Department of Economics

Ross Levine

University of California, Berkeley - Haas School of Business; National Bureau of Economic Research (NBER)

Kari Labrie

World Bank - Macroeconomics and Growth Division

Multiple version iconThere are 2 versions of this paper

Date Written: January 1997

Abstract

Ethnic divisions explain a significant part of Africa's slow growth and Africa's choice of growth-reducing policies. Africa's poor growth is associated with Africa's low schooling, political instability, underdeveloped financial systems, distorted foreign exchange markets, high government deficits, and insufficient infrastructure. Africa's high level of ethnic fragmentation explains most of these characteristics.

JEL Classification: O5, O55

Suggested Citation

Easterly, William and Levine, Ross Eric and Labrie, Kari, Africa's Growth Tragedy: Policies and Ethnic Divisions (January 1997). Available at SSRN: https://ssrn.com/abstract=35994

William Easterly (Contact Author)

New York University - Department of Economics ( email )

269 Mercer Street
New York, NY 10003
United States

Ross Eric Levine

University of California, Berkeley - Haas School of Business ( email )

545 Student Services Building, #1900
2220 Piedmont Avenue
Berkeley, CA 94720
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Kari Labrie

World Bank - Macroeconomics and Growth Division ( email )

1818 H Street
Washington, DC 20433
United States

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