Business Intelligence

Growth, Colonization, And Institutional Development: In And Out Of Africa

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Executive Summary

This paper investigates the determinants of the growth performance of Africa. The author starts 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, the author analyzes the role of Africa's peculiar history, which has been marked by its colonization experience. Next the author discusses the potential growth impact of state fragility, a concept which reflects multiple facets of the dysfunctions that plague the continent.

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