Growth, Colonization, and Institutional Development: In and Out of Africa

30 Pages Posted: 20 Jul 2011  

Graziella Bertocchi

Università di Modena; Centre for Economic Policy Research (CEPR); Centre for Economic Policy Research (CEPR); IZA Institute of Labor Economics

Date Written: July 2011

Abstract

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 Africa’s 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.

Keywords: Africa, colonization, Growth, history, institutions, slavery, state fragility

JEL Classification: H11, N17, O43

Suggested Citation

Bertocchi, Graziella, Growth, Colonization, and Institutional Development: In and Out of Africa (July 2011). CEPR Discussion Paper No. DP8486. Available at SSRN: https://ssrn.com/abstract=1890009

Graziella Bertocchi (Contact Author)

Università di Modena; Centre for Economic Policy Research (CEPR) ( email )

Centre for Economic Policy Research (CEPR)

77 Bastwick Street
London, EC1V 3PZ
United Kingdom

IZA Institute of Labor Economics

Schaumburg-Lippe-Str. 7 / 9
Bonn, D-53072
Germany

Paper statistics

Downloads
3
Abstract Views
273