Ivory Coast: Libertarian Growth without Equality

Lawrence R. Alschuler
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Lawrence R. Alschuler: University of Ottawa

Chapter 3 in Multinationals and Maldevelopment, 1988, pp 65-101 from Palgrave Macmillan

Abstract: Abstract The Ivorian miracle did not begin in the 1950s by waving a magic wand. Rather it was created by men acting within the sweep of 20th century Ivorian history. In our detailed analysis in this chapter we will examine how the miracle was nurtured, how it matured and, finally, how it deformed Ivorian development. First of all, however, we shall be concerned with its birth. More specifically, in order to account for the miracle, we will identify certain events and conditions in Ivorian history prior to 1960, the year of independence from France. Exceptional growth implies the presence of exceptional circumstances, that is, conditions especially present in the Ivory Coast but conspicuously absent elsewhere in francophone West Africa. Two such exceptional conditions which we will describe were (a) the Ivorian uniqueness as a French colony and (b) the origins of the planter bourgeoisie, a stabilising force from the 1950s to the present.

Keywords: Foreign Direct Investment; Minimum Wage; Foreign Investment; Intermediate Good; Foreign Capital (search for similar items in EconPapers)
Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08676-4_3

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DOI: 10.1007/978-1-349-08676-4_3

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