Why Poor Countries Are Poor (in Africa)

By cynici

Tim Harford wrote in his 2006 article in which he tried to relate observation he made in Cameroon with Mancur Olson’s theory of government banditry.

Olson supposed that governments are simply bandits, people with the biggest guns who will turn up and take everything. That’s the starting point of his analysis — a starting point you will have no trouble accepting if you spend five minutes looking around you in Cameroon.


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