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Political Economy of growth and poverty in Burkina Faso: Power, Institutions and Rents

Author

Listed:
  • Estelle Koussoubé

    (LEDa - Laboratoire d'Economie de Dauphine - Université Paris-Dauphine)

  • Augustin Loada

    (Université de Ouagadougou - Université de Ouagadougou)

  • Gustave Nebié

    (UNICEF - WHO)

  • Marc Raffinot

    (LEDa - Laboratoire d'Economie de Dauphine - Université Paris-Dauphine)

Abstract

This paper is an attempt to assess the relevance of the use of the North, Wallis and Weingast (2009) framework to explain the performances of Burkina Faso in terms of economic growth and development. The political history of Burkina Faso has been very unstable until president Campaoré took power in 1987. Since then, the stability has been based on low intensity violence, with bursts of open violence like those of the mutinies of 2011. This “stability” is based on the balance of power between two main “elite” groups, the army and the traditional chiefs. Trade unions, the Catholic Church and Donors also play a role, especially in case of trouble. The political class in power and its cronies are extracting rents by creating de facto monopolies, which enables them to tame violence, to a certain extent. The paradox is that the Burkinabe economy is growing steadily (GDP per capital grew at an average 1.5 per cent rate since independence), rather smoothly in the medium run – one of the best records in West-Africa. Because of high inequality, this impressive growth is far from inclusive.

Suggested Citation

  • Estelle Koussoubé & Augustin Loada & Gustave Nebié & Marc Raffinot, 2017. "Political Economy of growth and poverty in Burkina Faso: Power, Institutions and Rents," Working Papers hal-01489499, HAL.
  • Handle: RePEc:hal:wpaper:hal-01489499
    Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-01489499
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    References listed on IDEAS

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    1. Dani Rodrik, 2008. "Goodbye Washington Consensus, Hello Washington Confusion? A Review of the World Banks Economic Growth in the 1990s: Learning from a Decade of Reform," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 55(2), pages 135-156, June.
    2. Daron Acemoglu & Simon Johnson & James A. Robinson, 2001. "The Colonial Origins of Comparative Development: An Empirical Investigation," American Economic Review, American Economic Association, vol. 91(5), pages 1369-1401, December.
    3. Brou E Aka & Bernardin Akitoby & Amor Tahari & Dhaneshwar Ghura, 2004. "Sources of Growth in Sub-Saharan Africa," IMF Working Papers 04/176, International Monetary Fund.
    4. Yves Bourdet & Inga Persson, 2001. "Reform policy, growth and poverty in Burkina Faso," Africa Spectrum, Institute of African Affairs, GIGA German Institute of Global and Area Studies, Hamburg, vol. 36(2), pages 169-202.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Croissance à long terme; Economie politique; Institutions; Ordre social à accès limité; Burkina Faso; Limited Access Order; Long term growth; Political economy;

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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