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Colonial Theories of Institutional Development - Toward a Model of Styles of Imperialism (Paperback, Softcover reprint of the original 1st ed. 2017)
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Colonial Theories of Institutional Development - Toward a Model of Styles of Imperialism (Paperback, Softcover reprint of the original 1st ed. 2017)
Series: Contributions to Economics
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This book analyzes the role played by initial endowments and
colonizer identity in seeking to explain institutional development
in former colonies. It presents a model of two styles of
imperialism that integrates the colonial origin and endowment views
explaining current institutions. The authors argue that Great
Britain and Portugal adopted an 'economically-oriented' style,
which was pragmatic and sensitive to initial conditions. For this
style of imperialism the endowment view is applicable. In contrast,
France employed a 'politically-oriented' style of imperialism, in
which ideological and political motivations were more present. This
led to a uniform colonial policy that largely disregarded initial
endowments. In turn, the case of Spain represents a hybrid of the
two models. The empirical analysis presented here reveals a
remarkable degree of heterogeneity in the relationship of
endowments and colonizer identity with current institutions.
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