Explaining Africa's (Dis)advantage

Africa_Political_Map_medium copyExplaining Africa’s (Dis)advantage

Africa’s economic performance has been widely viewed with pessimism.

In this paper, firm-level data for around 80 countries are used to examine formal firm performance.

Without controls, manufacturing African firms perform significantly worse than firms in other regions. They have lower productivity levels and growth rates, export less, and have …read more

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