Year
2021
Abstract
This paper explores the role of colonial heritage on long-term economic development from a resource-curse perspective. The authors investigate the impact of colonial exports on long-term economic development through two channels: (1) a direct impact of the economic dependency on natural resources and (2) an indirect impact via its effect on colonial institutions, which persisted over time and influenced current economic development.
EL KALLAB, T. et TERRA, C. (2021). The colonial exports pattern, institutions and current economic performance. Journal of Economic Studies, 48(8), pp. 1591-1623.