WHY IS AFRICA POOR?

@article{Acemoglu2010WHYIA,
  title={WHY IS AFRICA POOR?},
  author={Daron Acemoglu and James A. Robinson},
  journal={Economic History of Developing Regions},
  year={2010},
  volume={25},
  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… 

Indirect Rule and State Weakness in Africa: Sierra Leone in Comparative Perspective

A fundamental problem for economic development is that most poor countries have 'weak state' which are incapable or unwilling to provide basic public goods such as law enforcement, order, education

Colonialism and Economic Development in Africa

In this paper we evaluate the impact of colonialism on development in Sub-Saharan Africa. In the world context, colonialism had very heterogeneous effects, operating through many mechanisms,

Institutional Comparative Statics

Why was the Black Death followed by the decline of serfdom in Western Europe but its' intensification in Eastern Europe? What explains why involvement in Atlantic trade in the Early Modern period was

Poverty in Africa

Africa is the poorest region of the world at present. Even though the share of extremely poor in the total African population has been on the decline since the early 1990s, the decrease has been

Unjust Enrichment from Official Corruption in Africa: Theory and Model on How Lenders Have Benefited

A 2015 World Bank report on the achievement of Millennium Development Goals (MDGs) revealed that since the 1990s, extreme poverty has been decreasing in all regions of the world with the exception of

Colonialism and development in Africa

In this paper we evaluate the impact of colonialism on development in Sub-Saharan Africa. In the world context, colonialism had very heterogeneous effects, operating through many mechanisms,

AFRICAN GROWTH RECURRING: AN ECONOMIC HISTORY PERSPECTIVE ON AFRICAN GROWTH EPISODES, 1690–2010

ABSTRACT Africa has not suffered a chronic failure of growth. In fact, Africa has experienced recurring periods of growth, and this paper reviews some of these growth “spurts” to substantiate that

Africa's Growth Prospects in a European Mirror: A Historical Perspective

Drawing on recent quantitative research on Europe reaching back to the medieval period, and noting a relationship between the quality of institutions and economic growth, this paper offers a
...

References

SHOWING 1-10 OF 69 REFERENCES

The Colonial Origins of Comparative Development: An Empirical Investigation

We exploit differences in the mortality rates faced by European colonialists to estimate the effect of institutions on economic performance. Our argument is that Europeans adopted very different

Explaining growth in Burundi: 1960-2000

This study analyses Burundi’s economic performance over the period 1960-2000 and finds that it has been catastrophic. The usual economic factors explaining growth are endogenous to political

History, Politics, and Economic Development in Liberia

  • G. Dalton
  • Economics, History
    The Journal of Economic History
  • 1965
American and European economists who work in the least developed countries of Africa, Asia, or the Middle East sometimes come away with the feeling of having learned more than they imparted. Nor is

Economic Development with Unlimited Supplies of Labour

Written in the classical tradition this essay attempts to determine what can be made of the classical framework in solving problems of distribution accumulation and growth first in a closed and then

Botswana as a Role Model for Country Success

I argue that the economic success of Botswana can be explained by the historical development of its institutions which is related to the trajectory of the Tswana states over the past 200 years. These

Sources of Slow Growth in African Economies

This paper offers some econometric evidence on the sources of slow growth in Sub-Saharan Africa. The evidence suggests that the continent's slow growth can be explained in an international

The Role of Technology in the African Past

The study of African technological history cannot bt pursued without first considering two fundamental problems. The most fundamental of all is the relationship between technology and the broader

Labour, Land and Capital in Ghana: From Slavery to Free Labour in Asante, 1807-1956

This is a study of the changing rules and relationships within which natural, human and man-made resources were mobilized for production during the development of an agricultural export economy in

The Brenner Debate: Agrarian Class Structure and Economic Development in Pre-Industrial Europe

General interpretations of the processes of long-term economic change in late medieval and early modern Europe have continued to be constructed almost exclusively in terms of what might loosely be

Resources, Techniques, and Strategies South of the Sahara: Revising the Factor Endowments Perspective on African Economic Development, 1500-2000

This article seeks to revise and re-apply the factor endowments perspective on African history. The propositions that sub-Saharan Africa was characterized historically by land abundance and labour
...