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In this article a dual model of the sectoral balance between agriculture and industry in sub-Saharan Africa is developed and compared to the existing literature. Many countries in sub-Saharan Africa discriminated against agriculture to promote industry after independence. The domestic terms of...
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Many countries in sub-Saharan Africa discriminated against agriculture to promote industry after independence. The domestic terms of trade were turned against agriculture by the price fixing of monopoly marketing boards. This policy was assumed to reduce labor costs of industry and was combined...
Persistent link: https://www.econbiz.de/10014089478