In 2016, the average tax revenue as a percentage of gross domestic product (GDP) was 26.15 percent for OECD countries, but only 15.47 percent for Sub-Saharan Africa (SSA). Some scholars attribute SSA...
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Article Summaries
In the 1960s, one of Africa’s economic and political predicaments was thought to be its overdeveloped public sector elite, which dwarfed the few members of a genuinely African commercial elite. Scholars argued...
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Introduction Analyzing post-slavery labour markets in sub-Saharan Africa, economic historians have stressed the abundance of land relative to labour (e.g. Austin 2019). In such conditions, if an employer wanted prospective labourers to...
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Currently Africa, accounting in May 2020 for only 0.8% of confirmed cases and 0.6% of deaths worldwide, is marginal to global analysis of coronavirus. This situation seems likely to change, given the...
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Long-run Effects of Forced Resettlement Under Apartheid South Africa's minority white population elected the Afrikaner-led National Party in 1948, marking the official start of the apartheid regime that would be in power...
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African stock exchanges Despite the continued resurgence in African economic history, the output of business and corporate historiography on Africa’s financial infrastructure lags considerably behind the actual contribution of the financial sector...
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European settlement and African living standards Ongoing scholarly debate cites extractive colonial institutions as a root cause of Africa’s comparatively low economic development. The role of institutions is emphasized particularly in historical...
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A large body of research has identified a negative correlation between fertility levels and population densities in pre-industrial societies – past and present (Doveri 2000). Fertility declines as land becomes scarce. A...
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Trade Monopsonies and African Economic Development Under French colonial rule, trade monopsonies were often established to reduce prices paid to African agricultural producers below competitive prices and increase the profit margin of...
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Fiscal capacity and forced labor Ongoing scholarly debate about the connections between taxation, state building, and long-term economic development, has revitalized and globalized the study of historical tax systems (Bräutigam et al....
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