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Discussion Paper Details

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

Author(s): Graziella Bertocchi

Publication Date: July 2011

Keyword(s): Africa, colonization, Growth, history, institutions, slavery and state fragility

Programme Area(s): International Macroeconomics

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.

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Bibliographic Reference

Bertocchi, G. 2011. 'Growth, Colonization, and Institutional Development: In and Out of Africa'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=8486