This paper contributes to the growing literature on the links between political regimes and economic development by … studying the effects of years in office on economic development. The hypothesis is that dictators who stay in office for a long …

Africa and Latin America secured their independence from European colonial rule a century and half apart: most of Latin … America after 1820 and most of Africa after 1960. Despite the distance in time and space, they share important similarities … about a half-century (lost decades). The parallels suggest that Africa might be exiting from a period of post …

This paper presents a model of development of an economy comprised of a rural-agricultural sector and an urban …-industrial sector. The interaction of investment with unemployment creates a channel for potentially divergent long-run outcomes. If the …

The Great Leap Forward (GLF) disaster, characterized by a collapse of grain output, and the associated famine in China … industrialization. Consequently, it diverted massive amounts of agricultural resources to industry and imposed excessive grain …

For Africa, a regional customs union is unlikely to realise net welfare gains (in the sense of trade creation … in Africa, however. A regional customs union tied to Europe with reciprocal free trade is likely to dominate unilateral …

domestically. These changes have not been fully reflected in -- high development theory -- a lacuna that may lead to …

regarding the effects of aid on development in the previous literature to arise due to the effects of aid being insufficiently … test whether aid affects development, measured as nighttime light growth. Our preferred identification strategy exploits …