Journal ArticleDOI
Africa's Growth Tragedy: Policies and Ethnic Divisions
William Easterly,Ross Levine +1 more
TLDR
This article showed that ethnic diversity helps explain cross-country differences in public policies and other economic indicators in Sub-Saharan Africa, and that high ethnic fragmentation explains a significant part of most of these characteristics.Abstract:
Explaining cross-country differences in growth rates requires not only an understanding of the link between growth and public policies, but also an understanding of why countries choose different public policies. This paper shows that ethnic diversity helps explain cross-country differences in public policies and other economic indicators. In the case of Sub-Saharan Africa, economic growth is associated with low schooling, political instability, underdeveloped financial systems, distorted foreign exchange markets, high government deficits, and insufficient infrastructure. Africa's high ethnic fragmentation explains a significant part of most of these characteristics.read more
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The Political Economy of the United Nations Security Council: Money and Influence
TL;DR: A theory of trading Security Council votes for aid was proposed in this article, where punishments, threats, and rewards were used to punish, threaten, and reward members of the Security Council.
Journal ArticleDOI
Seven Centuries of European Economic Growth and Decline
Roger Fouquet,Stephen Broadberry +1 more
TL;DR: This article investigated very long run pre-industrial economic development and found that the existence of numerous periods of economic growth before the nineteenth century - unsustained, but raising GDP per capita.
Journal ArticleDOI
Trade Liberalisation and Economic Growth
TL;DR: This paper explored the heterogeneity in growth performance among liberalising countries using a difference-in-difference approach and found that, while in aggregate there appears to be a positive but small impact of trade liberalisation on growth, this masks a huge range of responses.
Journal ArticleDOI
When do Legislators Pass on Pork? The Role of Political Parties in Determining Legislator Effort
Philip Keefer,Stuti Khemani +1 more
TL;DR: This paper conducted a systematic analysis of one determinant of constituency service, voter attachment to political parties, holding constant electoral and political institutions, and found that legislators pass on pork when voters are more attached to political party.
Journal ArticleDOI
The Cambridge handbook of bilingualism
TL;DR: In this article, a developmentally oriented and socially contextualised, realistic perspective on the learning, use, and as the case may be, unlearning, of more than a single langua...
References
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The mechanics of economic development
Abstract: This paper considers the prospects for constructing a neoclassical theory of growth and international trade that is consistent with some of the main features of economic development. Three models are considered and compared to evidence: a model emphasizing physical capital accumulation and technological change, a model emphasizing human capital accumulation through schooling, and a model emphasizing specialized human capital accumulation through learning-by-doing.
Journal ArticleDOI
On the mechanics of economic development
TL;DR: In this article, the authors consider the prospects for constructing a neoclassical theory of growth and international trade that is consistent with some of the main features of economic development, and compare three models and compared to evidence.
Posted Content
Law and Finance
Rafael La Porta,Rafael La Porta,Florencio Lopez de Silanes,Florencio Lopez de Silanes,Andrei Shleifer,Andrei Shleifer,Robert W. Vishny,Robert W. Vishny +7 more
TL;DR: This paper examined legal rules covering protection of corporate shareholders and creditors, the origin of these rules, and the quality of their enforcement in 49 countries and found that common law countries generally have the best, and French civil law countries the worst, legal protections of investors.
ReportDOI
Economic Growth in a Cross Section of Countries
TL;DR: For 98 countries in the period 1960-1985, the growth rate of real per capita GDP is positively related to initial human capital (proxied by 1960 school-enrollment rates) and negatively related to the initial (1960) level as mentioned in this paper.
Journal ArticleDOI
Finance and Growth: Schumpeter Might Be Right
TL;DR: In this paper, the authors examined a cross-section of about 80 countries for the period 1960-89 and found that various measures of financial development are strongly associated with both current and later rates of economic growth.