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This article aims at supplying an interpretative frame of the long-term Malagasy trajectory by redrawing the structuring knots of its political economy. The concomitance of periods of economic expansion and political crises leash indeed to suppose that one of the essential sources of the...
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The classical and more recent theories on development all fail to explain Madagascar’s long-running economic underperformance. This paper proposes a reinterpretation of Malagasy history based on the analytical framework of political economy. Our analyses point to the fact that, despite...
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equilibria that are self-enforcing (in terms of mutual expectations about others’ behaviors) can collapse and so induce switching …
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