The historical roots of economic development

This article reviews an emerging area of research within economics that seeks to better understand contemporary economic outcomes by taking a historical perspective. The field has established that many of the contemporary differences in comparative economic development have their roots in the distan...

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Bibliographic Details
Published inScience (American Association for the Advancement of Science) Vol. 367; no. 6485
Main Author Nunn, Nathan
Format Journal Article
LanguageEnglish
Published United States The American Association for the Advancement of Science 27.03.2020
Subjects
Case studies
Design
Design improvements
Economic conditions
Economic development
Economics
Empirical analysis
Health services
Local History
Medical Services
Origins
Policies
Poverty
Regression analysis
Roots
Statistical analysis
Statistics
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Summary:This article reviews an emerging area of research within economics that seeks to better understand contemporary economic outcomes by taking a historical perspective. The field has established that many of the contemporary differences in comparative economic development have their roots in the distant past. The insights gained from this literature are not only of academic importance but also useful for thinking about policies that help to address global development moving forward. I provide examples of recent studies that have begun to take on this important next step in the literature by using insights gleaned from historical analyses to better understand policy and its optimal design.
Bibliography:ObjectType-Article-2
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ISSN:0036-8075
1095-9203
DOI:10.1126/science.aaz9986