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Colonial Theories of Institutional Development: Toward a Model of Styles of Imperialism

Colonial Theories of Institutional Development: Toward a Model of Styles of Imperialism

Hardcover

Series: Contributions to Economics

Economics

ISBN10: 3319541269
ISBN13: 9783319541266
Publisher: Springer
Published: Mar 30 2017
Pages: 146
Weight: 0.88
Height: 0.44 Width: 6.14 Depth: 9.21
Language: English

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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