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Publications (3)
– Has democracy failed African economies?
The 2018 WIDER Annual Lecture was given by Professor Ernest Aryeetey. He discussed the political economy of structural transformation in Africa and the lecture looked at how various political regimes and economic policies have shaped the African development trajectory, and what are the necessary...
– New Opportunities and Strategies for Structural Transformation in Developing Countries
Structural transformation is a pre-requisite for sustained growth and poverty reduction — such was the conviction of development economists in the mid twentieth century. They demonstrated empirically that moving resources out of low-productivity primary activities sustains the productivity gains...
Annual Lecture
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Institutions and the way they evolve shape economic performance. Institutions affect economic performance by determining (together with the technology employed) the cost of transating and producing. They are composed of formal rules, of informal constraints and of their enforcement characteristics...
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