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Colonisation's long-lasting influence on economic growth: Evidence from the mena region

Abderrezak, Ali

The journal of North African studies, 2004-01, Vol.9 (3), p.103-112 [Peer Reviewed Journal]

United Kingdom: Frank Cass

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  • Title:
    Colonisation's long-lasting influence on economic growth: Evidence from the mena region
  • Author: Abderrezak, Ali
  • Subjects: Africa ; Colonial history ; Colonialism ; Decolonization ; Economic Development ; Economic growth ; Economic performance ; Economic reform ; Economics ; Government policy ; History ; Middle East ; North Africa ; Petroleum Industry ; Political Development ; Postcolonial societies ; Rents
  • Is Part Of: The journal of North African studies, 2004-01, Vol.9 (3), p.103-112
  • Notes: ObjectType-Article-2
    SourceType-Scholarly Journals-1
    ObjectType-Feature-1
    content type line 23
    ObjectType-Article-1
    ObjectType-Feature-2
  • Description: Countries in the Middle East and North Africa (MENA), known for their natural resource riches, have often shown classical symptoms attributed to oil rentier states: heavily distorted economies, chronic political unrest and undemocratic governments. To explain the inverse relation of these countries' economic performance to their natural resource endowment, analysts have offered the Dutch disease hypothesis; this study, however, explores a historically oriented approach. The alternative thesis is that institutions in these countries were imprinted at their 'rebirth' or decolonisation by conditions with long-lasting influence on their economic performance. Using a cross-country growth model, the study offers statistical support indicating that contemporary economic growth variations have been impacted by MENA's 'rebirth' conditions through variations in government, investment, population growth and trade strategies. The evidence also depicts a weakening of the above relation over the more recent years, an outcome that may be attributed to economic reform initiatives that most MENA members have embarked on since the late 1980s.
  • Publisher: United Kingdom: Frank Cass
  • Language: English
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