evidence for displacement effects of African firms due to competition from China. Chinese foreign investment and aid in Africa …

private sector intensified. Policy support, however, averted a credit crunch. The increase in public debt across Africa due to …

Africa should industrialize. Without structural change it cannot sustain recent growth. Economies with more diverse and … sophisticated industrial sectors tend to grow faster. But since 1980 Africa has deindustrialized. The paper shows that between 1975 … and 2005 the size, diversity and sophistication of industry in Africa have all declined. An industrialization strategy …

-country regressions covering 31 Sub-Saharan African countries suggest that growth in Africa is not simply a question of capital …

understand the prospects for achieving poverty reduction in Africa. We examine the levels and trends in income distribution in …, Mozambique, and South Africa. We conclude that the balance between policies aimed at growth and measures aimed at redistribution …

capita output growth, the credit cycle, the stock of inward foreign direct investment (FDI) and the current account balance … economies), higher stocks of FDI (for relatively more open economies), higher current account deficits, and a more volatile …

with the literature arguing that greater trade openness would unequivocally lead to higher growth in Africa. …