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Can the West Save Africa?
Easterly, William - 2021
In the new millennium, the Western aid effort towards Africa has surged due to writings by well-known economists, a celebrity mass advocacy campaign, and decisions by Western leaders to make Africa a major foreign policy priority. This survey contrasts the predominant "transformational" approach...
Persistent link: https://www.econbiz.de/10013210668
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The Social Implications of Sugar : Living Costs, Real Incomes and Inequality in Jamaica C1774
Burnard, Trevor - 2017
This paper provides the first quantitative assessment of Jamaican standards of living and income inequality around 1774. To this purpose we compute welfare ratios for a range of occupations and build a social table. We find that the slave colony had extremely high living costs, which rose...
Persistent link: https://www.econbiz.de/10012946034
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Manumission in Nineteenth Century Virginia
Bodenhorn, Howard - 2010
productive slaves faced more attractive labor market opportunities outside slavery, which elicited greater effort within slavery … in order to buy their way out of slavery. Further, this paper addresses three important and two emergent literatures: the … economics of slavery; the economics of stature; and the economics of complexion. The results reveal that height, complexion, and …
Persistent link: https://www.econbiz.de/10013148375
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Instruments of Development : Randomization in the Tropics, and the Search for the Elusive Keys to Economic Development
Deaton, Angus - 2010
There is currently much debate about the effectiveness of foreign aid and about what kind of projects can engender economic development. There is skepticism about the ability of econometric analysis to resolve these issues, or of development agencies to learn from their own experience. In...
Persistent link: https://www.econbiz.de/10012757925
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Ruggedness : The Blessing of Bad Geography in Africa
Nunn, Nathan - 2009
There is controversy about whether geography matters mainly because of its contemporaneous impact on economic outcomes or because of its interaction with historical events. Looking at terrain ruggedness, we are able to estimate the importance of these two channels. Because rugged terrain hinders...
Persistent link: https://www.econbiz.de/10013160340
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The Long-Term Effects of Africa's Slave Trades
Nunn, Nathan - 2010
Can part of Africa's current underdevelopment be explained by its slave trades? To explore this question, I use data from shipping records and historical documents reporting slave ethnicities to construct estimates of the number of slaves exported from each country during Africa's slave trades....
Persistent link: https://www.econbiz.de/10012759868
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The Origins of Financial Development : How the African Slave Trade Continues to Influence Modern Finance
Levine, Ross - 2017
We assess how the African slave trade—which had enduring effects on social cohesion—continues to influence financial systems. After showing that the intensity with which people were enslaved and exported from Africa during the 1400 – 1900 period helps account for overall financial...
Persistent link: https://www.econbiz.de/10012948060
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Finding Eldorado : Slavery and Long-Run Development in Colombia
Acemoglu, Daron; García Jimeno, Camilo; Robinson, James A. - 2012
Slavery has been a major institution of labor coercion throughout history. Colonial societies used slavery intensively … across the Americas, and slavery remained prevalent in most countries after independence from the European powers. We … investigate the impact of slavery on long-run development in Colombia. Our identification strategy compares municipalities that …
Persistent link: https://www.econbiz.de/10013104727
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African Poverty is Falling...Much Faster than You Think!
Sala-i-Martin, Xavier - 2013
The conventional wisdom that Africa is not reducing poverty is wrong. Using the methodology of Pinkovskiy and Sala-i-Martin (2009), we estimate income distributions, poverty rates, and inequality and welfare indices for African countries for the period 1970-2006. We show that: (1) African...
Persistent link: https://www.econbiz.de/10013095077
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Cape Verde and Mozambique as Development Successes in West and Southern Africa
Braga de Macedo, Jorge - 2010
This paper applies an interpretation of how globalization and governance (G&G) interact with convergence given Cape Verde and Mozambique's particular geographical and historical contexts. We hold that development success under globalization entails, necessarily but not exclusively, positive...
Persistent link: https://www.econbiz.de/10013135763