Various arguments have been used to explain Sub-Saharan Africa's economic decline. We find that a stress on investments … poverty alleviation; and that the constraints imposed by Sub-Saharan Africa's human and physical geography are not core …

firms (entrepreneurship) and the average quality of management (meritocracy). Legal reform also reduces financial … improve meritocracy at the expense of entrepreneurship. As a result, legal reform encounters less political opposition than …

-specific pre-colonial institutions in shaping comparative regional development in Africa. We utilize information on the spatial …

versions of his other critiques. His second argument that all the data from Latin America and much of the data from Africa …

Despite the past centuries' economic setbacks and challenges, are there reasons for optimism about Africa's economic … sets of unrecognized "latent assets." First, success in African society is talent driven and Africa has experienced high … an excellent basis for entrepreneurship and innovation. Second, Africans, like westerners who built the world's most …

Conventional wisdom proposes deep historical roots for authoritarianism in Africa: either colonial "decentralized …

that apply for angel funding (and those that are ultimately funded) is inversely correlated with the entrepreneurship …