Series: IMF Working Papers
Author(s): Dhaneshwar Ghura , and Michael Hadjimichael
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 1995
Keywords: human capital, inflation, terms of trade, private investment, monetary economics
The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relat...