1999/08/01 by Angus Deaton · 2 citations
Computer Science · Economics, Econometrics and Finance · #Economic Growth and Development #Economic Growth and Productivity #Natural Resources and Economic Development
paper · pdf · doi:10.1257/jep.13.3.23
openalex publication_date 1999/08/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/29
African states that came to independence by the late 1960s made a rapid transition to authoritarian rule during a period of reasonably robust growth. Growth then faltered badly from the mid-1970s to the mid-1990s as these regimes coped with external shocks and varying degrees of fiscal crisis. Leading critics embed Africa's slow growth in failures of governance associated with “weak” authoritarian rule. These provide important insights into policy patterns while suggesting the growth-promoting potential of Africa's recent Democratization.