title={WHY IS AFRICA POOR?},
  author={Daron Acemoglu and James A. Robinson},
  journal={Economic History of Developing Regions},
  pages={21 - 50}
ABSTRACT In this paper we take for granted that the poverty of Sub-Saharan Africa is to a large part explained by its political and economic institutions. As citizens Africans do not have the incentives to save and invest, as politicians they do not have the incentive to provide public goods. We focus on the issue of how Africa developed such institutions. Historically, no society had the types of institutions required for modern economic growth, though a few had elements of them for quite long… 

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