OVER the last few decades, Africa’s failure to achieve rapid growth has puzzled economists. GDP statistics clearly show that African economies have failed to converge with Europe's since the Second World War. While GDP per capita in constant terms almost quintupled in Western Europe between 1950 and 2008, it only doubled in Africa in the same period. Some African countries have not simply failed to catch up with Europe but have fallen behind in absolute terms. GDP per capita in countries like the Central African Republic, Liberia and the Democratic Republic of the Congo have fallen over this same period.
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