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Political transition in a small open economy: Retracing the economic trail of South Africa’s long walk to democracy
Bedasso, Biniam E. - Economic Research Southern Africa (ERSA) - 2014
This paper seeks to offer an economic explanation for the emergence of democracy in societies with high income inequality and narrow middle-class such as Apartheid South Africa. The presence of a credible threat of capital flight is shown to render democracy less unpleasant to the elites by...
Persistent link: https://www.econbiz.de/10011133844
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An Examination of Sub-National Growth in Nigeria: 1999 - 2012
Obikili, Nonso - Economic Research Southern Africa (ERSA) - 2014
I use satellite imagery on night time lights to measure growth across states and local government areas in Nigeria … since the return of democracy in 1999. I show that states in Southern Nigeria have grown faster on average than states in … coefficients to estimate GDP growth for states and local government areas in Nigeria over the period. …
Persistent link: https://www.econbiz.de/10010885333