Lost Decades: Postindependence Performance in Latin America and Africa
Africa and Latin America secured independence from European colonial rule a century and half apart: most of Latin America by the 1820s and most of Africa by 1960. Despite the distance in time and space, they share important similarities. In each case independence was followed by political instability, violent conflict, and economic stagnation lasting for about a half-century. The parallels suggest that Africa might be exiting from a period of postimperial collapse and entering one of relative political stability and economic growth, as did Latin America almost two centuries ago.
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Volume (Year): 67 (2007)
Issue (Month): 04 (December)
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Web page: http://journals.cambridge.org/jid_JEH
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- Elsa V. Artadi & Xavier Sala-i-Martín, 2003.
"The economic tragedy of the XXth Century: Growth in Africa,"
Economics Working Papers
684, Department of Economics and Business, Universitat Pompeu Fabra.
- Elsa V. Artadi & Xavier Sala-i-Martin, 2003. "The Economic Tragedy of the XXth Century: Growth in Africa," NBER Working Papers 9865, National Bureau of Economic Research, Inc.
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