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This paper proposes a new framework for studying the interplay between culture and institutions. We follow the recent sociology literature and interpret culture as a \repertoire", which allows rich cultural responses to changes in the environment and shifts in political power. Specifically, we...
Persistent link: https://www.econbiz.de/10012533381
The Inca Empire was the last of a long series of highly developed cultures in pre-colonial South America. It stretched across parts of the current territories of Argentina, Bolivia, Chile, Colombia, Ecuador and the whole of Peru. The Inca Road was its 30,000-kilometer-long transportation system....
Persistent link: https://www.econbiz.de/10012599269
Institute of Kyushu University) report. It focuses on five important aggregates by gender: Asia, Africa, Latin America, G20, and …
Persistent link: https://www.econbiz.de/10014468276
We quantify the role of financial frictions and the initial misallocation of resources in explaining development dynamics. Following a reform that triggers efficient reallocation of resources, our model economy with financial frictions converges slowly to the new steady state--it takes twice as...
Persistent link: https://www.econbiz.de/10012462256
Africa. But employment in African manufacturing has grown rapidly over the past 20 years. These employment gains have been … (iii) robust labor productivity growth in Africa's large firms. Limited employment growth in Africa's large manufacturing … manufacturing to raise living standards in Africa depends on indirect job creation by large firms through backward and forward …
Persistent link: https://www.econbiz.de/10012794598
As Africa's role on the global stage is rising, so does the need to understand the shadow of history on the continent …'s economy and polity. We discuss recent works that shed light on Africa's colonial and precolonial legacies. The emerging corpus … Africa's post-independence maladies, we first review works that uncover the lasting legacies of colonial investments in …
Persistent link: https://www.econbiz.de/10012480929
The conventional wisdom that Africa is not reducing poverty is wrong. Using the methodology of Pinkovskiy and Sala …
Persistent link: https://www.econbiz.de/10012462876
effect on income. However, in Africa rugged terrain afforded protection to those being raided during the slave trades. Since … the slave trades retarded subsequent economic development, in Africa ruggedness has also had a historical indirect … for Africa the indirect positive effect dominates the direct negative effect. Looking within Africa, we also provide …
Persistent link: https://www.econbiz.de/10012463730
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 (West saves Africa) to occasional swings to a "marginal" approach (West …
Persistent link: https://www.econbiz.de/10012464285
Can part of Africa's current underdevelopment be explained by its slave trades? To explore this question, I use data … exported from each country during Africa's slave trades. I find a robust negative relationship between the number of slaves …
Persistent link: https://www.econbiz.de/10012465283