ABSTRACT
Prima facie indicators of inflexibility It is suggested in Chapter 12 that economic flexibility is a rising function of the level of development, with the least developed being the most inflexible. Since Africa is the least developed of all major regions, if this hypothesis were valid we would predict inflexibility for the economies of sub-Saharan Africa (abbreviated hereafter to ‘Africa’). The evidence bearing upon this is considered in Part II but we may already provide some prima facie indicators in support.
