Chapter 3 Growth, Colonization, and Institutional Development: In and Out of Africa

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Frontiers of Economics and Globalization

ISSN: 1574-8715
Series editor(s): Professor Hamid Beladi, Professor E. Kwan Choi

Subject Area: Economics

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Document Information:
Title:	Chapter 3 Growth, Colonization, and Institutional Development: In and Out of Africa
Author(s):	Graziella Bertocchi
Volume:	11 Editor(s): Olivier de La Grandville ISBN: 978-1-78052-396-5 eISBN: 978-1-78052-397-2
Citation:	Graziella Bertocchi (2011), Chapter 3 Growth, Colonization, and Institutional Development: In and Out of Africa, in Olivier de La Grandville (ed.) Economic Growth and Development (Frontiers of Economics and Globalization, Volume 11), Emerald Group Publishing Limited, pp.25-41
DOI:	10.1108/S1574-8715(2011)0000011008 (Permanent URL)
Publisher:	Emerald Group Publishing Limited
Article type:	Chapter Item
Abstract:	This chapter investigates the determinants of the growth performance of Africa. I start by illustrating a broader research agenda that accounts not only for basic economic and demographic factors but also for the role of history and institutional development. After reporting results from standard growth regressions, I analyze the role of Africa's peculiar history, which has been marked by its colonization experience. Next, I discuss the potential growth impact of state fragility, a concept that reflects multiple facets of the dysfunctions that plague the continent. The last topic I address is the influence, in and out of Africa, of the slave trades. The chapter ends with critical conclusions and suggestions for further research.