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Commodity Prices and Growth in Africa
Open accessAbstract
African states that came to independence by the late 1960s made a rapid transition to authoritarian rule during a period of reasonably robust growth. Growth then faltered badly from the mid-1970s to the mid-1990s as these regimes coped with external shocks and varying degrees of fiscal crisis. Leading critics embed Africa's slow growth in failures of governance associated with “weak” authoritarian rule. These provide important insights into policy patterns while suggesting the growth-promoting potential of Africa's recent Democratization.
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Citations
Cited by
Volatility and the natural resource curse
van der Ploeg, F., & Poelhekke, S. (2009) · Oxford Economic Papers · doi:10.1093/oep/gpp027 · Cited by 613
International Commodity Prices, Growth and the Outbreak of Civil War in Sub‐Saharan Africa
Brückner, M., & Ciccone, A. (2010) · The Economic Journal · doi:10.1111/j.1468-0297.2010.02353.x · Cited by 359
The impact of climatic change on agricultural production: Is it different for Africa?
Barrios, S., Ouattara, B., & Strobl, E. (2008) · Food Policy · doi:10.1016/j.foodpol.2008.01.003 · Cited by 296
Martin-Shields, C. P., & Stojetz, W. (2019) · World Development · doi:10.1016/j.worlddev.2018.07.011 · Cited by 302
Placing The 2006/08 Commodity Price Boom Into Perspective
Haniotis, T., & Baffes, J. (2010) · doi:10.1596/1813-9450-5371 · Cited by 277
Metadata
- Authors
- Deaton, A.
- Venue
- Journal of Economic Perspectives
- Publisher
- American Economic Association
- Published
- 1999-08-01
- Volume
- 13
- Issue
- 3
- Pages
- 23-40
- ISSN
- 0895-3309 (ISSN-L)
- OpenAlex
- W2057843669
- Cited by
- 635
- References
- 0
- FWCI
- 28.93
- Type
- journal article
- Language
- en
- Open access
- bronze
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- Deaton, A. (1999). Commodity Prices and Growth in Africa. Journal of Economic Perspectives. https://doi.org/10.1257/jep.13.3.23
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