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What are the root causes of Africa's current state of under-development? Is it the long history of slave trade, the … off the effects of slave trade and institutions on long-term development in Africa …
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"In a seminal contribution, Acemoglu, Johnson, and Robinson (2001) argue property-rights institutions powerfully affect national income, using estimated mortality rates of early European settlers to instrument capital expropriation risk. However 36 of the 64 countries in their sample are...
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