Institutions and institutional change as explanation for differences in economic development – a study of the first three decades of the postcolonial experience of Zambia and Botswana

Du Plessis, Sophia W.F. (2005-12)

Thesis (PhD (Economics))--University of Stellenbosch, 2005.


Numerous theories have been constructed to provide reasons for economic growth differences between countries. As data became more readily available, cross-country empirical studies identified a set of variables that contributed to economic growth, including variables such as the investment in human and physical capital.

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