Lost Decades: Postindependence Performance in Latin America and Africa

Robert Bates, John H. Coatsworth and Jeffrey G. Williamson

Scholarly Articles from Harvard University Department of Economics

Abstract: 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.

Date: 2007
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Published in Journal of Economic History

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Persistent link: https://EconPapers.repec.org/RePEc:hrv:faseco:12211559

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