Growth, Colonization, and Institutional Development: In and Out of Africa
Università di Modena; Centre for Economic Policy Research (CEPR); Centre for Economic Policy Research (CEPR); Institute for the Study of Labor (IZA)
CEPR Discussion Paper No. DP8486
This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader research agenda which accounts not only for basic economic and demographic factors, but also for the role of history and institutional development. After reporting results from standard growth regressions, I analyze the role of Africas peculiar history, which has been marked by its colonization experience. Next I discuss the potential growth impact of state fragility, a concept which reflects multiple facets of the dysfunctions that plague the continent. The last topic I address is the influence, in and out of Africa, of the slave trades. The essay ends with critical conclusions and suggestions for further research.
Number of Pages in PDF File: 30
Keywords: Africa, colonization, Growth, history, institutions, slavery, state fragility
JEL Classification: H11, N17, O43
Date posted: July 20, 2011