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Shantayanan Devarajan
Many analysts decry the level of investment in Africa, saying it is too low. But there is no evidence, in cross-country data or in microeconomic data from Tanzania, that private and public capital is productive in Africa. In that sense, investment in Africa may be viewed as too high.
| Publisher | World Bank, Development Research Group, Public Economics and Macroeconomics and Growth |
|---|---|
| Format | Electronic resource |
| Search language | english |
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