The Political Economy of Economic Growth in Africa, 1960-2000: Volume 1

Description

The period from 1960 to 2000 was one of remarkable growth and transformation in the world economy. Why did most of Sub-Saharan Africa fail to develop over this period? Why did a few small African economies succeed spectacularly? The Political Economy of Economic Growth in Africa, 1960-2000 is by far the most ambitious and comprehensive assessment of Africa's post-independence economic performance to date. Volume 1 examines the impact of resource wealth and geographical remoteness on Africa's growth and develops a new dataset of governance regimes covering all of Sub-Saharan Africa. Separate chapters analyze the dominant patterns of governance observed over the period and their impact on growth, the ideological formation of the political elite, the roots of political violence and reform, and the lessons of the 1960-2000 period for contemporary growth strategy.

Benno J. Ndulu is Governor of the Central Bank of Tanzania. Stephen A. O'Connell is Eugene M. Lang Research Professor of Economics at Swarthmore College. Robert H. Bates is Eaton Professor of the Science of Government at Harvard University. Paul Collier is Professor of Economics at the University of Oxford. Chuwuma C. Soludo is Governor of the Central Bank of Nigeria.

'This book is chock-full of fascinating data, interesting hypotheses, and country details; it is a rich review of Africa's troubled postcolonial economic history that will be a reference and an inspiration for political economists for years to come.' Foreign Affairs