Vous êtes ici

Working Paper - 219 - Impact of the business Environment on Output and Productivity in Africa

09-mar-2015

Africa is by far the poorest part of the world. Although several African countries have recently experienced positive economic development outcomes, it is clear that there has been a failure to develop sound policies in many African countries. In particular, African countries rank poorly in most dimensions of business environment that are essential to long-term business success. Table 1 compares different indicators of the business environment from the World Bank Enterprise Surveys (ES) for the OECD and Sub-Saharan Africa (SSA).1 It is clear that firms in SSA are highly constrained compared with their counterparts in the OECD. For example, on average, 45.6% of firms in SSA identify access to finance as a major constraint while the corresponding number for the OECD sample is 14.6%. In addition, 50.3% of firms in SSA identify electricity availability as a major constraint while the corresponding number for the OECD sample is 16.4%.

Sections Connexes