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Chapter 3 Growth, Colonization, and Institutional Development: In and Out of Africa

Economic Growth and Development

ISBN: 978-1-78052-396-5, eISBN: 978-1-78052-397-2

ISSN: 1574-8715

Publication date: 1 November 2011

Abstract

This chapter investigates the determinants of the growth performance of Africa. I start by illustrating a broader research agenda that 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 that 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 chapter ends with critical conclusions and suggestions for further research.

Keywords

Citation

Bertocchi, G. (2011), "Chapter 3 Growth, Colonization, and Institutional Development: In and Out of Africa", de La Grandville, O. (Ed.) Economic Growth and Development (Frontiers of Economics and Globalization, Vol. 11), Emerald Group Publishing Limited, Bingley, pp. 25-41. https://doi.org/10.1108/S1574-8715(2011)0000011008

Publisher

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Emerald Group Publishing Limited

Copyright © 2011, Emerald Group Publishing Limited