Characteristics and Behaviour of African Factor Markets and Market Institutions and Their Consequences for Economic Growth

This paper provides a detailed characterisation of the structure and behaviour of African factor markets and the institutions that impact on their operations. It shows that the African factor markets are imperfect and inefficient, thus constraining economic growth. The paper posits that for the current reform programmes to succeed, policy that enhances the efficiency and competitiveness of the African factor markets must be put in place.

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Year of publication:	1999-12
Authors:	Adenikinju, Adeola F. ; Oyeranti, Olugboyega
Institutions:	Center for International Development, Kennedy School of Government

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Extent:	application/pdf
Series:	CID Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Classification:	G1 - General Financial Markets ; J3 - Wages, Compensation, and Labor Costs ; J4 - Particular Labor Markets ; J5 - Labor-Management Relations, Trade Unions, and Collective Bargaining ; J6 - Mobility, Unemployment, and Vacancies ; O1 - Economic Development
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005794687