Excerpt
Excerpt
An African Growth Miracle? Dani Rodrik, April 2014, Paper. "There is much to celebrate in Africa’s recent economic performance. Gone are the traditional pessimism about the continent’s growth prospects and the references to basket‐case economies. They have been replaced by rosy scenarios replete with stories of African entrepreneurship, expanding Chinese investments, and a growing middle class. The turnaround is easy to see in the numbers. Having spent a long time in negative territory during the 1980s and 1990s, Sub‐Saharan Africa’s growth rate jumped up to close to 3 percent per annum..." May require purchase or user account. Link Verified October 22, 2014