Chapter

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

Kunal Sen and Dirk Willem te Velde

in Good Growth and Governance in Africa

Published in print December 2011 | ISBN: 9780199698561
Published online May 2012 | e-ISBN: 9780191738142 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199698561.003.0010

Series: Initiative for Policy Dialogue

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

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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

Chapter.  7446 words.  Illustrated.

Subjects: Economic Development and Growth

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