Economic Growth Factors
James discusses how sub-Saharan Africa has seen improved growth performance since the 1990s due to enhanced rule of law, better education, and relative peace. He highlights the importance of overcoming poverty traps and coordination failures, noting that sustained growth often takes decades rather than years. Ethiopia serves as a key example of a country transitioning from traditional to growth phases, illustrating the complexities of economic development.In this clip
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The Science of Everything Podcast
Episode 108: Political Institutions and Sustained Economic Growth
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