Africa's interior-to-coast roads are well suited to export natural resources, but not to support regional trade. Are they the optimal response to geography and comparative advantage, or the result of suboptimal political distortions? We investigate the political determinants of road paving in...

Africa's interior-to-coast roads are well suited to export natural resources, but not to support regional trade. Are they the optimal response to geography and comparative advantage, or the result of suboptimal political distortions? We investigate the political determinants of road paving in...

Africa’s interior-to-coast roads are well suited to export natural resources, but not to support regional trade. Are they the optimal response to geography and comparative advantage, or the result of suboptimal political distortions? We investigate the political determinants of road paving in...

Africa's interior-to-coast roads are well suited to export natural resources, but not to support regional trade. Are they the optimal response to geography and comparative advantage, or the result of suboptimal political distortions? We investigate the political determinants of road paving in...

Im Laufe des Jahres 1997 hat sich der makroökonimische Datenkranz verbessert. Das reale Bruttoinlandsprodukt (BIP) ist um 1,5% gestiegen. Die Arbeitslosenquote erhöhte sich allerdings um 0,2 Prozentpunkte auf 12,3%. 1998 stützen die weitere monetäre Lockerung, die kaum noch restriktive...

1994 wuchs das reale Bruttoinlandsprodukt (BIP) um 2,2%, gleichzeitig erhöhte sich jedoch die Arbeitslosenquote um gut 1 Prozentpunkt auf 11,3%. Die Handelsbilanz hat sich 1994 nochmals verbessert (Exporte stiegen um 15,2%). Konsumentenpreise stiegen um durchschnittlich 4%. Obwohl die...