Development

The Impact of the Slave Trade on Literacy in Africa: Evidence from the Colonial Era

Recent studies have highlighted the importance of Africa's history of slave exporting to its current economic development. In this paper I show that differences in investment in education may be one of the channels through which that history has affected current development. I combine data on literacy rates of administrative districts from the colonial censuses of Nigeria and Ghana from the 1950's with data on slave exports of different ethnic groups.

Debt Relief under the HIPC Initiative: Why Some Countries Complete the Programme Faster Than Others

The Highly Indebted Poor Countries (HIPC) initiative has been one of the primary avenues for delivering debt relief to developing countries in the past decade. However, the performance of countries in the HIPC programme has been vastly heterogeneous with some countries reaching completion point much faster than others. This paper uses Cox-Proportional hazard models to explain the wide disparity in completion times by examining how the economic, social and governance environments within a country affect the speed of completion.

Institutional Quality and Debt Relief: A Political Economy Approach

Recent shifts in the global debt relief architecture has meant that countries with superior institutions are often rewarded with increasinf aid and debt relied, an incentive for debtor countries to strategically improve their institutions prior to seeking debt relief. This paper contributes to the literature by developing and empirically testing a political economy model of the possible impact of this shift on the motivations of politicians and bureaucrats in debtor countries.

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