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This paper examines the relationship between democracy and economic growth in 30 Sub-Saharan African countries. As our … proxy for democracy we first use the democracy index constructed by Freedom House and then check the sensitivity of our … findings using, as an alternative proxy for democracy, the Legislative Index of Electoral Competitiveness (LIEC). We find …
Persistent link: https://www.econbiz.de/10005064064
Natural resources in sub-Saharan Africa suffer from a bad reputation. Oil and diamonds, particularly, have been blamed for a number of Africa’s illnesses such as poverty, corruption, dictatorship and war. This paper outlines the different areas and transmission channels of how this so-called...
Persistent link: https://www.econbiz.de/10005125845
A central goal that has eluded most countries in sub-Saharan Africa is to effectively manage their natural resources, develop diversified and prosperous economies, and as a result, improve the standard of living of their citizens. This paper draws from the framework of diversification and...
Persistent link: https://www.econbiz.de/10011266436
African economies that export natural resources have benefited from positive terms-of-trade effects. In addition, there is …
Persistent link: https://www.econbiz.de/10010778560
The paper celebrates John Fei's life and contributions to economics by viewing them in the context of recent theoretical and empirical literature on the economics and politics of growth. It summarizes the lessons from the literature and development experience since the end of the second world...
Persistent link: https://www.econbiz.de/10005783501
. Specialization based on comparative advantage leads to gains from trade. If political conflict leads to a diminution of trade, then … at least a portion of the costs of conflict can be measured by a nation's lost gains from trade. The greater two nations …' gain from trade the more costly is bilateral (dyadic) conflict. This notion forms the basis of Baron de Montesquieu …
Persistent link: https://www.econbiz.de/10005233897
that affect conflict, including measures of trade and democracy. …We develop a theory of interstate conflict in which the degree of genealogical relatedness between populations has a … positive effect on their conflict propensities because more closely related populations, on average, tend to interact more and …
Persistent link: https://www.econbiz.de/10005061475
Persistent link: https://www.econbiz.de/10004051040
1960 to 2010 and dynamic panel data analysis, we find a significant and negative relationship between income and democracy … exogenous and endogenous democracy. The former explains whether external factors, such as the end of the Cold War, as well as … Cold War has a significant influence on the democratisation process probably because of the pro-democracy policies …
Persistent link: https://www.econbiz.de/10010885332
democracy, an indication that the hypothesis may not hold in the region. We also investigate further by distinguishing between … exogenous and endogenous democracy. The former explains whether external factors, such as the end of the Cold War, as well as … Cold War has a significant influence on the democratisation process probably because of the pro-democracy policies …
Persistent link: https://www.econbiz.de/10011095444