Africa in the World Economy

Africa in the World Economy.

Africa in the World Economy By William Easterly, Professor of Economics (Joint with Africa House, Co-director of Development Research Institute at NYU) This class asks: Why is Africa poor? What must we do to end poverty in Africa? Who is we? There is no textbook for the class, only the articles and chapter extracts below. The list of readings is longer than what you are required to know. You are required only to know what is presented in class lectures. I will distribute copies of slides and lecture notes for each lecture. Introduction: African stereotypes and reality Slides only The history of the development idea in Africa CHAPTER FOUR: RACE, WAR, AND THE FATE OF AFRICA, in Easterly, William (2014-03-04). The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor (p. 81ff). Basic Books. Kindle Edition. Pre-colonial history and African development Comin, Diego, William Easterly, and Erick Gong, œWas the Wealth of Nations Determined in 1000 B.C.?, American Economic Journal: Macroeconomics 2 (July 2010): 65“97 Putterman, Louis and David Weil œPost-1500 Population Flows and the Long Run Determinants of Economic Growth and Inequality, Quarterly Journal of Economics 125:4, November 2010, Wacziarg, Romain and Enrico Spolaore, œThe Diffusion of Development, Quarterly Journal of Economics, May 2009, vol. 124, no. 2 The slave trade and colonialism CHAPTER SEVEN INSTITUTIONS: WE OPPRESS THEM IF WE CAN, in Easterly, William (2014-03-04). The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor (p. 155ff). Basic Books. Kindle Edition. Nunn, Nathan, œThe Long-Term Effects of Africa’s Slave Trades, Quarterly Journal of Economics, 123 (2008), 139“176. Sacerdote, Bruce. œSlavery and the Intergenerational Transmission of Human Capital.The Review of Economics and Statistics, Vol. 87, Issue 2 “ May, 2005. Nathan Nunn, œHistorical Legacies: A Model Linking Africa’s Past to its Current Underdevelopment, Journal of Development Economics, Vol. 83, No. 1, May 2007, pp. 157-175, Alesina, Alberto, William Easterly and Janina Matuszeski, Artificial States, Journal of the European Economic Association, 9, no. 2, (April 2011): 246-277. Culture and development in Africa Stelios Michalopoulos and Elias Papaioannou, National Institutions and Subnational Development in Africa, Quarterly Journal of Economics, 2014, 129 (1): 151-213 Nunn, Nathan, and Leonard Wantchekon, œThe Trans-Atlantic Slave Trade and the Evolution of Mistrust in Africa: An Empirical Analysis, American Economic Review, 2011, Vol 11, No 7, 5221-3252.

Africa in the World Economy

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