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Periodical issue Periodical issue Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Business environment and investment in Africa
Editors:Fosu, AugustinISNI
Mlambo, KupukileISNI
Oshikoya, TemitopeISNI
Year:2001
Periodical:Journal of African Economies (ISSN 0963-8024)
Volume:10
Period:Supplement 2 (September)
Pages:142
Language:English
City of publisher:Oxford
Publisher:Oxford University Press
Geographic term:Africa
Subjects:investments
business
External link:https://academic.oup.com/jae/issue/10/suppl_2
Abstract:Despite more than a decade of reforms in many African countries, investment and growth rates are still far below the levels required for sustainable development. The papers in the present supplementary issue of the 'Journal of African Economies' analyse the business environment as well as the determinants of investment. After an introductory overview by the editors, K. Mlambo and T.W. Oshikoya analyse macroeconomic factors explaining private investment experience across developing countries, with particular implications for Africa. Jan Willem Gunning and Taye Mengistae use recent surveys from several sub-Saharan African countries to assess the determinants of investment in manufacturing. Shantayanan Devarajan, William Easterly and Howard Pack undertake a macro and micro assessment of investment productivity using cross-country production-function estimation based on a sample of sub-Saharan African countries and a case study of the Tanzanian manufacturing sector. Marcel Fafchamps focuses on the business environment in sub-Saharan Africa by analysing the role of networks and communities in market exchange and the implications for firm growth and investment.
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