Characteristics and Behavior of African Factor Markets and Market Institutions and Their Consequences for Economic Growth

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Adenikinju, Adeola F.
Oyeranti, Olugboyega
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Adenikinju, Adeola F., and Olugboyega Oyeranti. “Characteristics and Behavior of African Factor Markets and Market Institutions and Their Consequences for Economic Growth.” CID Working Paper Series 1999.31, Harvard University, Cambridge, MA, December 1999.Abstract
This paper provides a detailed characterisation of the structure and behaviour of African factor markets and the institutions that impact on their operations. It shows that the African factor markets are imperfect and inefficient, thus constraining economic growth. The paper posits that for the current reform programmes to succeed, policy that enhances the efficiency and competitiveness of the African factor markets must be put in place.Terms of Use
This article is made available under the terms and conditions applicable to Other Posted Material, as set forth at http://nrs.harvard.edu/urn-3:HUL.InstRepos:dash.current.terms-of-use#LAACitable link to this page
http://nrs.harvard.edu/urn-3:HUL.InstRepos:39467718
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