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A Sequence to Reverse Poverty: Institutions, State Capacity and Human Empowerment

Sansia Blackmore and Reneé van Eyden
This paper explores the fundamental or deep causes of poverty persistence, which remains a central challenge of the modern world. In theory, rising political participation in a democracy operationalises checks on state predation and cultivates development-enabling state capacity. This did not...
Aug 2020
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Fiscal Rules and the Compliance debate: Why do Countries adopt Rules and fail to comply?

Martin Wafula Nandelenga and Mark J. Ellyne
We study the compliance with fiscal rules via various national numeric rules. Based on 20 sub-Sahara African countries with 57 fiscal rules in force from 1997 to 2016, our analysis identifies determinants among the rule specific characteristics, as well as their macroeconomic and political...
Apr 2020
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The Measurement of Institutions and Instability in Democratic Republic of Congo, 1880-2010

Alain Pholo Bala
This paper introduces a new database for Property Rights, Political and Civil Rights and Political Instability for the Democratic Republic of Congo (DRC) for the 1880-2010 period. Following the methodology used by Fedderke et al. (2001) and Letete (2015), we compute de jure Property, Political and...
Apr 2018
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Measurement and Analysis of the Evolution of Institutions in Nigeria

David O. Fadiran, Mare Sarr, Johannes W. Fedderke
“Institutions matter” has become a generally accepted premise in development economics. The growth and development problems in Nigeria are also common knowledge. To better understand these problems a proper characterization of institutions in Nigeria is essential. Conducting empirical test of the...
Feb 2017
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Path Dependence and Interdependence Between Institutions and Development

David Fadiran and Mare Sarr
Path dependence theory, within the institutions context, means that the path of institutions promulgated within a system historically determines the nature of institutions that will ensue within the same system in the present and in the future. The paper makes use of a newly constructed index of...
Oct 2016
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Why local context matters: de jure and de facto property rights in colonial South Africa

Christie Swanepoel and Johan Fourie
For economic transactions, including debt transactions, to occur in a market system, property rights are essential. The literature has focussed on finding empirical proof of the effect of property right regimes, noting differences between de jure and de facto property rights. Yet most of these...
Jul 2016
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The Cape of Perfect Storms: Colonial Africa’s first financial crash, 1788-1793

Roy Havemann and Johan Fourie
This paper investigates the causes and consequences of colonial Africa’s first financial crash, which happened in South Africa’s Dutch Cape Colony. The 1788–1793 crisis followed a common sequence of events: trade and fiscal deficits were monetized by printing money, credit extension accelerated,...
Apr 2015
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Mechanism Between Mining Sector and Economic Growth in Zimbabwe, is it a Resource Curse?

Nyasha Mahonye and Leonard Mandishara
The study investigates the role of mineral resources in economic development and sees how the extractive sector impacts the overall performance of the economy of a country endowed with a diverse minerals and metals. We analyzed the economic growth model using human capital, population growth,...
Feb 2015
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Financial Development and the Diffusion of Technologies under Uncertainty in Africa

Zivanemoyo Chinzara
Using novel measures of technology diffusion and adoption developed by Comin and Hobijn (2012), we examine the role of finance in the timing of adoption and the diffusion of thirteen sectoral technologies in 44 Sub-Saharan Africa countries. These technologies cover sectors such as agriculture,...
Oct 2014
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