Studies of African Economies From Past to Future Vol.1

Benjamin Yamb (Edt) and Youssef Oukhallou (Edt)
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Benjamin Yamb (Edt): University of Douala, Cameroon
Youssef Oukhallou (Edt): Mohammed V University of Rabat, Morocco

in EconSciences Library Books from EconSciences Library Books, currently edited by Bilal KARGI

Abstract: This Chapter makes a literary analysis on the factors that impact economic development in Africa, under the approach of the foundations of institutional school of Thorstein Veblen. For reasons for study it follows that European colonial policy corrupts ethnic/cultural ties in Africa, as delimiting boundaries in areas with a diversity of people and, later, with the independence of African countries, European governments lift conditions for a new elite, now African and subjected to a mental structure for European, use the power for the benefit of a specific ethnic group, at the expense of other ethnic groups. Finally, this paper conducts an empirical analysis in panel by OLS and GMM, which points to the impact of corruption in African economic growth

Keywords: African economies; economic development; historical analysis (search for similar items in EconPapers)
JEL-codes: O44 Q01 (search for similar items in EconPapers)
Date: 2019
Edition: 1
ISBN: 978-605-7602-87-9
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