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Is Investment in Africa Too Low or Too High? Macro and Micro Evidence

Howard Pack, Shantayanan Devarajan, William Russell Easterly

出版	World Bank Publications, 2001
URL	http://books.google.com.hk/books?id=rIn7ZNlfXkwC&hl=&source=gbs_api
EBook	SAMPLE

註釋

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.