Troubles with the Neighbours: Africa's Problem, Africa's Opportunity
- 1 March 1998
- journal article
- research article
- Published by Oxford University Press (OUP) in Journal of African Economies
- Vol. 7 (1) , 120-142
- https://doi.org/10.1093/oxfordjournals.jae.a020941
Abstract
There is systematic contagion across national borders. Favourable or unfavourable growth performance of one's neighbours tends to influence one's own long-run growth rate. Policy choices are also contagious across borders. While improving policies alone boosts growth substantially, the growth effects are much larger if neighbouring countries act together.Keywords
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