01854cas a2200253 a 4500 AALejournalIMF008252 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451855296 1018-5941 BD-DhAAL BD-DhAAL Berthelemy, Jean-Claude. Will there Be New Emerging-Market Economies in Africa b+L2280y the Year 2020? / Jean-Claude Berthelemy, Ludvig Soderling. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (37 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines past African growth experience and attempts to simulate future ones. In addition to more commonly used determinants of total factor productivity, a measure of the effect of labor reallocation and an index of economic diversification are constructed and included as factors for long-term growth. A simple model is constructed for the purpose of simulating growth scenarios up to the year 2020 for Burkina Faso, Cote d'Ivoire, Ghana, Mali, Tanzania, and Uganda. Even if one makes relatively optimistic assumptions, Africa is not likely to reach "Asian tiger" levels of growth. The results also suggest that growth will depend, to a large extent, on educational investments and productivity gains in agriculture. Mode of access: Internet Soderling, Ludvig. IMF Working Papers; Working Paper ; No. 2002/131 Full text available on IMF http://elibrary.imf.org/view/journals/001/2002/131/001.2002.issue-131-en.xml IMF e-Library