Showing 1 - 10 of 806
This paper argues that economic competition and political contestability are two key determinants of the successful development of the Swiss economy in the nineteenth and twentieth century. We describe how Switzerland evolved from a relatively poor country with no natural resources and net...
Persistent link: https://www.econbiz.de/10010273431
; diversity ; economic growth ; instability …
Persistent link: https://www.econbiz.de/10003879770
We explore the potential effects of the first leaders of Sub-Saharan Africa. We first outline a set of theoretical reasons for why leaders may matter particularly at the critical juncture of African independence and why this influence may be persistent. In an unbalanced panel from 40 African...
Persistent link: https://www.econbiz.de/10011346680
The paper explores the paths towards building institutional foundations for inclusive development in Sub-Saharan Africa. Viewing institutional configurations as a system of multiple equilibria, the concepts of endogenous institutions and institutional changes are used to address the question of...
Persistent link: https://www.econbiz.de/10010528654
Are there contemporary development effects of African resistance to European domination? This question is the primary issue addressed by this inquiry. We establish that African resistance has had adverse effects on post-colonial African development and discuss possible channels of such...
Persistent link: https://www.econbiz.de/10011496363
This paper reviews the literature on the impact of ethnic diversity on economic development. Ethnically polarized societies are less likely to agree on the provision of public goods and more likely to engage in rent seeking activities providing lower levels of social capital. Initial conditions...
Persistent link: https://www.econbiz.de/10013120711
The institutional perspective of cross-country differences in economic outcomes gives contrasting explanations on the persistence of inefficient institutions in developing countries. Colonization, social fragmentation and the existence and use of natural resources are the most frequently...
Persistent link: https://www.econbiz.de/10013099017
This paper takes a fresh look at the current theories of structural transformation and the role ofprivate and public fundamentals in the process. It summarizes some representative past andcurrent experiences of various countries vis-a-vis structural transformation with a focus on theroles of...
Persistent link: https://www.econbiz.de/10012909402
In line with the SDG 10 and Aspiration 1 of Africa's Agenda 2063, this study examines whether: (i) the remarkable inflow of Chinese FDI to Africa matters for bridging the continent's marked income inequality gap, (ii) Africa's institutional fabric is effective in propelling Chinese FDI towards...
Persistent link: https://www.econbiz.de/10012799903
various governance dynamics on inclusive growth in SSA. We do this by testing two hypotheses first, whether unconditionally …, political stability, and voice and accountability) foster inclusive growth in SSA; and second, whether these governance dynamics … engender positive synergy with FDI on inclusive growth in SSA. Using data from the World Bank's World Governance Indicators and …
Persistent link: https://www.econbiz.de/10012544875