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Good Growth and Governance in AfricaRethinking Development Strategies$
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Akbar Noman, Kwesi Botchwey, Howard Stein, and Joseph E. Stiglitz

Print publication date: 2011

Print ISBN-13: 9780199698561

Published to Oxford Scholarship Online: May 2012

DOI: 10.1093/acprof:oso/9780199698561.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 22 January 2022

State–Business Relations, Investment Climate Reform, and Economic Growth in Sub-Saharan Africa *

State–Business Relations, Investment Climate Reform, and Economic Growth in Sub-Saharan Africa *

Chapter:
(p.303) 10 State–Business Relations, Investment Climate Reform, and Economic Growth in Sub-Saharan Africa*
Source:
Good Growth and Governance in Africa
Author(s):

Kunal Sen

Dirk Willem te Velde

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199698561.003.0010

In this chapter, we examine the implications of effective state–business relations (SBRs) for economic performance in Sub-Saharan Africa. Our research suggests that it is possible to identify and measure key factors behind effective SBRs that are conducive to growth in Africa, and that the creation and sustenance of effective state–business relations may have a stronger impact on economic growth in Sub-Saharan Africa than the conventional measures of governance reform such as improvements in the rule of law and stronger anti-corruption measures that have been stressed in the literature and in the policy debate.

Keywords:   state–business relations, Africa, economic growth, investment climate

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