ECONOMIC GROWTH IN AFRICA: GREAT VULNERABILITY TO EXTERNAL SHOCKS Cover Image

LA CROISSANCE ECONOMIQUE EN AFRIQUE : UNE GRANDE VULNERABILITE AUX CHOCS EXTERIEURS
ECONOMIC GROWTH IN AFRICA: GREAT VULNERABILITY TO EXTERNAL SHOCKS

Author(s): Olfa Saghrouni
Subject(s): National Economy, Economic development, Socio-Economic Research
Published by: Editura Bibliotheca
Keywords: Vulnerability; Economic growth; Panel data; African countries;

Summary/Abstract: The objective of this article is to show the vulnerability of economic growth in Africa to external shocks, relative to other regions of the developing world. Moreover, we tried to explain this vulnerability theoretically and empirically. The main explanatory factors are; domestic demand, the level of development of the financial system and the quality of exports.

  • Issue Year: 4/2022
  • Issue No: 57
  • Page Range: 113-144
  • Page Count: 32
  • Language: French