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

Author: Benno J. Ndulu; Stephen A. O'Connell; Robert H. Bates  

Publisher: Cambridge University Press‎

Publication year: 2009

E-ISBN: 9780511364303

P-ISBN(Paperback): 9780521127752

Subject: F0 Economics

Keyword: 经济学Economics

Language: ENG

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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.

Chapter

2.5 Diversity

3 The view from growth econometrics

3.1 Regression models of growth

3.2 Interpreting regression evidence

3.3 A shifting platform: geography and human resources

3.3.1 Demography

3.3.2 Human development

3.3.3 Geography

3.4 Governance and growth

3.4.1 Peace

3.4.2 Policy

3.4.3 The institutional environment

3.4.4 Infrastructure

3.4.5 Polarization

3.5 From growth econometrics to case analysis

4 Opportunities and choices: learning from the country evidence

5 Conclusions

5.1 Avoiding syndromes

5.2 Overcoming locational disadvantages

5.3 Building human resources

5.4 Final thoughts

References

2 Opportunities and choices

1 Introduction

2 Africa’s opportunities

2.1 A basic classification of opportunities

2.1.1 Endowments

2.1.2 Location

2.1.3 Endowments and location in growth regressions

2.2 Differential growth performance and its decomposition

2.3 Key questions

3 Choices

3.1 Regulatory syndromes

3.2 Redistributive syndromes

3.3 Intertemporal syndromes

3.4 State breakdown

3.5 Syndromes and opportunities

4 Consequences of the syndromes for growth

4.1 Possible effects of the syndromes on opportunities

4.2 How important were the syndromes?

4.3 Syndromes and the foreclosing of opportunities

4.3.1 Coastal, resource-scarce economies

4.3.2 Resource-rich economies

4.3.3 Landlocked, resource-scarce economies

5 A preliminary conclusion

5.1 Understanding the past

5.2 Facing the future

Appendix

References

3 Anti-growth syndromes in Africa: a synthesis of the case studies

1 Introduction: the anti-growth syndromes

2 Illustrative examples of the syndromes

2.1 State controls

2.1.1 Burkina Faso: 1960–1982 (soft control); 1983–1990 (hard control)

2.1.2 Cameroon: 1960–1977 (soft control)

2.1.3 Chad: 1960–2000 (soft control)

2.1.4 Ghana: 1960–1966, 1972–1983 (hard control)

2.1.5 Sierra Leone: 1975–1989 (hard control)

2.1.6 Tanzania: 1970–1985 (hard control); 1986–1994 (soft controls)

2.2 Adverse redistribution

2.2.1 Burundi: 1975–1987

2.2.2 Sierra Leone: 1969–1990

2.2.3 Togo: 1976–1990

2.3 Intertemporally unsustainable spending

2.3.1 Burundi: 1975–1985

2.3.2 Cameroon: 1982–1993

2.3.3 Nigeria: 1974–1986

2.3.4 Togo: 1974–1989

2.4 State breakdown

2.4.1 Burundi: 1988–2000

2.4.2 Chad: 1979–1984, 1985–1993

2.4.3 Sierra Leone: 1967–1968, 1991–2000

2.5 Syndrome-free

2.5.1 Botswana: 1960–2000

2.5.2 Burkina Faso: 1991–2000

2.5.3 Ghana: 1968–1972, 1984–2000

2.5.4 Sierra Leone: 1961–1966

2.5.5 Tanzania: 1961–1967, 1995–2000

2.5.6 Togo: 1960–1973

3 Asynthesis

3.1 Initial conditions

3.1.1 Reigning international paradigms

3.1.2 Experience of the initial leaders

3.1.3 Group-identity rivalry

3.1.4 Initial institutions

3.1.5 The role of government and time preference

3.2 Supply shocks

3.2.1 Negative supply shocks

3.2.2 Positive supply shocks

3.3 Opportunity

3.4 The role of institutions/political system

3.4.1 The military

3.4.2 Political system

3.5 Economically driven political expediency

4 Conclusion

References

Part 2 Interpretation

4 Domestic interests and control regimes

1 Introduction

2 Pricesinthe macroeconomy

3 Interventions by sector

3.1 The industrial sector

3.2 The agricultural sector

4 The economic impact

5 Acloser look

5.1 Manufacturing

5.2 Public services

5.3 Farming

6 Temporal and political correlates

6.1 A closer look

6.1.1 Early adopters

6.1.2 Embattled reformers

7 The politics of economics

7.1 A fruitful paradox

7.1.1 In general

7.1.2 In particular

7.2 Regional redistribution

7.3 Discussion

8 Conclusion

References

5 Sacrificing the future: intertemporal strategies and their implications for growth

1 Introduction

2 Unsustainable public spending

2.1 Evidence on spending booms

3 Looting

3.1 Looting the private sector in autocracies

3.2 Looting the private sector in democracies

3.3 Looting the public sector in autocracies

3.4 Looting the public sector in democracies

4 Conclusion and implications

References

6 The political geography of redistribution

1 Introduction

2 Ethnicity and the polarization of wealth

3 Howtopayfor the peace

4 Triangular redistribution and political control

5 Conclusion

References

7 Political conflict and state failure

1 Introduction

2 Patterns of state breakdown

3 The costs of civil war

3.1 Immediate costs

3.2 Lagged effects

4 State failure

5 Framing the problem

5.1 Theory of the state

5.2 The logic of political order

5.3 The model

5.4 Political order as an equilibrium

5.5 Qualitative support

5.5.1 Revenue

5.5.2 Uncertainty

5.5.3 Natural resources

6 Testing the argument

6.1 Variables

6.2 Core model

6.3 Discussion

7 Insearch of causal paths

7.1 Petroleum production

7.2 Revenues

7.3 Political reform

8 Conclusion

References

8 Shocks, risk, and African growth

1 Introduction: Hamlet without the prince?

2 Growth and risk: the basics

3 How does risk affect growth? Plausible channels

4 Does it matter? Empirical estimates

5 Conclusion

References

Part 3 Explanation

9 The evolution of global development paradigms and their influence on African economic growth

1 Introduction: growth syndromes and ideas

2 The evolution of global development paradigms

2.1 Phase 1: 1960s–mid-1980s – the dominance of control regimes

2.2 Phase 2: 1980s – a sharp turn away from the strong role of the state

2.3 Phase 3: 1990s onwards – the paradigm of balance and one-world consensus

3 From global ideas to African syndromes: channels of transmission

3.1 Development paradigms, leaders, and growth syndromes: Fabianism and African control regimes

3.2 An emerging African consensus on societal values?

3.2.1 The World Values Survey

3.2.2 The Afrobarometer survey

3.3 Influence of global development ideas through aid conditionality and selectivity

3.3.1 CPIA and African growth syndromes

4 Conclusion

Appendix 1: Growth syndromes and types of leadership in Africa, 1970–2000

Appendix 2: Syndromes and political regimes

Appendix 3: Ordered logit model

References

10 Political reform

1 Background

2 Explaining political reform

2.1 The international path

2.2 The domestic path

3 Empirics

4 The impact of political reform

4.1 Political accountability

4.2 The economy

4.3 The polity

4.4 The game

4.5 The impact of accountability

4.5.1 The government’s ideal

4.5.2 Participation constraint

4.5.3 Feasibility constraint

4.6 Equilibrium

4.7 Testing the model

4.7.1 Independent variables

4.7.2 Institutions

4.7.3 Discount rate

4.7.4 Properties of the selectorate

4.7.5 Economic structures

4.7.6 Control variables

4.8 Estimation

4.8.1 Control variables

4.8.2 The Nature of the economy

4.8.3 The selectorate

4.8.4 Discount rate

4.8.5 Institutions

4.9 Political business cycle

4.10 Discussion

4.10.1 Candidates

4.10.2 Voter sophistication

4.10.3 Information

5 Conclusion

References

11 Endogenizing syndromes

1 Introduction

2 Building blocks of political geography

2.1 Power structures

2.1.1 Stage 1: constitutional democracy in conditions of ethnic identity

2.1.2 Stage 2: single-party systems

2.1.3 Stage 3: rule by fear

2.1.4 Stage 4: restored democracy

2.1.5 Concentration, composition, and duration: a summary of their implications for growth

2.2 Opportunities

2.2.1 Landlocked, resource-scarce countries

2.2.2 Resource-rich countries

2.2.3 Coastal, resource-scarce countries

2.3 Influences on knowledge

2.3.1 In-country knowledge

2.3.2 Learning from the region

2.3.3 Learning from the world

3 Predicting the syndromes

3.1 Determinants of syndrome-free status

3.2 Syndrome by syndrome

3.2.1 Redistribution

3.2.2 Unsustainable spending and anticipated redistribution

3.2.3 State breakdown

3.2.4 Control regimes

3.2.5 The statistical evidence

4 Conclusions

References

Part 4 Looking ahead

12 Harnessing growth opportunities: how Africa can advance

1 Introduction

2 Harnessing opportunities in landlocked Africa

2.1 Strategies for growth in landlocked Africa

2.1.1 Strategy 1: increase neighborhood growth spillovers

2.1.2 Strategy 2: improve neighbors’ economic policies

2.1.3 Strategy 3: improve coastal access

2.1.4 Strategy 4: become a haven for the region

2.1.5 Strategy 5: don’t be air-locked or E-locked

2.1.6 Strategy 6: encourage remittances

2.1.7 Strategy 7: design the budget so as to encourage big aid inflows on a long-term basis

2.1.8 Strategy 8: create a transparent and investor-friendly environment for resource prospecting

2.1.9 Strategy 9: rural development

2.2 The political foundations for growth in landlocked Africa

2.2.1 Political requirement 1: internalize neighborhood externalities

2.2.2 Political requirement 2: internalize international externalities

2.2.3 Political requirement 3: rebalancing interest groups

3 Harnessing opportunities in resource-rich Africa

3 Harnessing opportunities in resource-rich Africa

3.1.1 Strategy 1: governments should transform the resource rents efficiently into public goods and private capital formation

3.2 The political foundations for growth in resource-rich Africa

3.2.1 Political requirement 1: protecting the commons of the future

3.2.2 Political requirement 2: checks and balances

3.2.3 Political requirement 3: an informed electorate

3.2.4 Political requirement 4: protecting the technocrats

4 Harnessing opportunities in coastal, resource-scarce Africa

4.1 Strategies for growth in coastal, resource-scarce Africa

4.1.1 Strategy 1: emulate the Asian model

4.2 The political foundations for growth in coastal, resource-scarce Africa

4.2.1 Political requirement 1: protecting exporters from predation

4.2.2 Political requirement 2: an infrastructure big push

4.2.3 Political requirement 3: temporary protection from Asia

5 Conclusions

References

Index

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