Aid, Trade, Investment and Governance in Sub-Saharan Africa: By the Numbers
By Veronika Penciakova
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Low corruption, political stability, rule of law, good regulations, and transparency all help foster an enabling business environment. The lack of these features has been found to distort investment, at times hinder trade, and induce the misallocation of public resources. These facts are well-known, but certain underlying mechanisms deserve further exploration in order for African leaders and their transatlantic partners to fully maximize private investments — and ODA — on the continent.
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