Determinants of Economic Growth in Africa

  • Almas¬†Heshmati

Table of contents

  1. Front Matter
    Pages i-xxi
  2. Financing Growth

  3. Sources of Productivity Growth

  4. Macroeconomic Determinants of Growth

  5. Back Matter
    Pages 373-392

About this book


This volume is a collection of selected empirical studies on determinants of economic growth in Africa. Grouped into three parts, chapters examine the influence of financial sources and economic growth; sources of productivity growth; and prices, exchange rates and trade relationships with growth in regions in Africa or the continent as a whole.

This edited book is authored by African experts in the field who employ diverse up-to-date data and methods to provide robust empirical results based on representative firms, household surveys and secondary country level data covering individuals or multiple countries on the continent. It contains a wealth of empirical evidence, deep analyses and sound recommendations for policymakers and researchers for designing and implementing effective social and national policies and strategies to prevent and to reduce poverty and its negative effects on poor households and in poor regions. 

The volume will be a useful resource for policymakers and researchers involved in promoting economic growth and fighting poverty. It will also appeal to a broader audience interested in economic development, resource economics, policies, economic welfare and inclusive growth. 


Economic growth Sub-saharan Africa FDI inflows to Africa Foreign aid Financial development Institutional quality Total factor productivity Human capital Low and Middle Income African Countries Kenyan manufacturing and service industries Trade-Economic growth nexus Market efficiency and welfare Foreign Direct Investment Remittances Real Exchange rate

Editors and affiliations

  • Almas¬†Heshmati
    • 1
  1. 1.Department of EconomicsSogang UniversitySeoulKorea (Republic of)

Bibliographic information