Africa Development Indicators 2007
The Africa Development Indicators 2007 essay explores the patterns of growth in Sub- Saharan Africa over the past three decades. It finds that the volatility of growth-an outcome of conflict, governance, and world commodity prices-has been greater than in any other region. Volatility has dampened expectations and investments-and has obscured some periods of good performance for some countries. The essay shows that pickups in growth were seldom sustained- indeed, that they were often followed by ferocious declines, and hence, Africa's flat economic performance over 1975-2005.