Africa: Does Growth Depend on Good Governance?

[AfricaPlus] The third wave of democracy arrived in Africa in the early 1990s, well after the pursuit of pro-market reforms advocated by western aid agencies and international organizations. When that wave subsided, a good governance agenda of the rule of law, accountability, transparency, and human rights persisted. A third of the states of sub-Saharan Africa are today substantially democratic while the rest consists of quasi-democratic, electoral authoritarian, autocratic, and failed states. </add

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