Lower productivity behind growth slowdown in African middle-income countries, IMF paper finds
Finding 'highlights the need for policy actions to reinvigorate productivity growth', authors argue
A slowdown in total factor productivity is "largely responsible" for the slower growth of many small middle-income countries (SMICs) in sub-Saharan Africa, according to an International Monetary Fund working paper.
'Increasing productivity growth in middle income countries' by Aidar Abdychev, La-Bhus Fah Jirasavetakul, Andrew W Jonelis, Lamin Leigh, Ashwin Moheeput, Friska Parulian, Ara Stepanyan and Albert Touna Mama argues the finding "highlights the need for policy actions to reinvigorate
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