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5.2 Diversification-deepening policies raise growth and TFP: Economic Report on Africa 2007
What then do these results imply? They mean that pursuing diversification-deepening policies could help accelerate growth. Important policy implications of this link arise with respect to the determinants of diversification that were discussed earlier in the chapter.
5.2 Economic growth and diversification: Economic Report on Africa 2007
Exploration of the TFP link in Africa

Other institutional variables Related Articles

5.1 Determinants of diversification in Africa: Economic Report on Africa 2007
Diversification and policy variables constitute a two-way process in that diversification not only influences policy outcomes, but is itself influenced by policy variables. This proposition naturally leads to the search for those economic and non-economic policy actions that are likely to affect the level and rate of diversification in a country. What evidence is there that links economic and non-economic variables with national capacity to diversify?
5.1 It is not just a matter of policy as institutions matter in diversification efforts: Economic Report on Africa 2007
Governance is one of the variables that capture the part that institutions play and it emerges as strongly significant. In fact, in absolute terms, looked at from the regional level, governance has stronger marginal effects compared to other variables in our investigations.
Policy Implications
The empirical work undertaken highlights a number of key policy-related and conventional variables that have significantly affected the growth performance of sub-Saharan Africa during 1981–97. To a large extent, it has also shown that the positive evolution of these variables has played an important role in the economic recovery of the region during 1995–97.

VI. C. Institutional Quality: WHAT DETERMINES STOCK MARKET DEVELOPMENT IN AFRICA?
Institutional quality is important for stock market development because efficient and accountable institutions tend broaden appeal and confidence in equity investment.
VII D. Promote Institutional Investors: PROMOTING STOCK MARKET DEVELOPMENT IN AFRICA
The involvement of institutional investors in African exchanges must be pursued vigorously. Institutional investors often are at the forefront in promoting efficient market practices and financial innovation.
Calculating Carbon-Levered Earnings
In thinking about higher oil prices today, and in scanning an interesting related story at Institutional Investor about proxies demanding more information on public company carbon usage, I got to wondering about something:
Be it Resolved: Venture Capital is an Attractive Nuisance
Venture capital, as an institutional asset class, is pretty much dead.
Surviving the “Contained Depression”
Interesting David Levy piece in the current issue of Institutional Investor. Here is the money ‘graf(s):
Understand the Variables: How Lenders Vary their Rates
When someone is interested in taking out a mortgage, a fair amount of research will need to be looked into. This is because lenders, both public and private, will vary their rates depending on a certain number of variables. To understand these variables, it's important to break them down into what sorts of things a lender looks for. An obvious variable is credit. Those with good credit will clearly be able to pay lower rates than those with bad, because they are less of a liability. Though it seems almost counterintuitive to charge those with a history of not paying people back more money, this is one of the factors that are used.
Finding Foundation Support for Non-Profits
U.S. foundation and institutional giving represent approximately 15 to 20 percent of total giving to charitable organizations

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