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Does democracy promote economic growth? There is still an ongoing debate over the economic implications of democracy, and this question has gained critical importance particularly in the African context, where a wave of democratization in the early 1990s coincided with the start of a new era of...
Persistent link: https://www.econbiz.de/10010343224
Mali long seemed a model, low-income democracy. Yet, in a few short weeks in early 2012, more than half of the territory came under the military control of an Islamist secessionist movement, and a military coup deposed the democratically-elected government in the capital. Given the substantial...
Persistent link: https://www.econbiz.de/10010319848
A number of proposals today support a substantial increase in foreign aid levels to sub-Saharan Africa even though this region already receives a historically unprecedented volume of aid. This essay reviews the evidence regarding the potentially negative effects of aid dependence on state...
Persistent link: https://www.econbiz.de/10012732028
This article provides a political explanation for the unexpectedly high levels of income inequality found in the African region today. Traditional explanations for inequality are reviewed and found not to be compelling. Instead, it is argued that natural endowments in the region shaped the...
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This article discusses the Bush administration's African policy legacy and its implications for the Obama administration. Many have argued that the events of 9/11 led the administration to view the African subcontinent differently, and that the US has altered its conception of national interests...
Persistent link: https://www.econbiz.de/10013149328