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This article studies the role of political distortions in driving economic growth and development in Africa. We first discuss how existing theories based on long-run structural factors (e.g., pre-colonial and colonial institutions, or ethnic diversity) may not capture new data patterns in the...
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Understanding the primary causes of human prosperity is one of the most important endeavors of social scientists. Much research in the 20th century followed a neo-classical approach which emphasized important factors such as physical capital, human capital, and technological change, but was...
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