African Economic Growth 1900-50: Historical National Accounts for British Colonial Africa

Research output: Working paper

Abstract

The study of growth in African economies during the 20th Century is hampered by the lack of historical GDP estimates. There has been some backward projections, and country case studies, but despite the available data historical national accounts has not yet been assembled. This paper provides GDP estimates for some former British colonies between 1900 – 1950. The estimates indicate faster growth and economic expansion compared to the previous estimates that have been based on backward extrapolations. It further brings support to the argument that if we observe economic growth in many economies from the 1890s to the 1970s and then only interrupted from 1975s to 1995s, writing about the 20th century for Africa as a growth tragedy may be a mistake, caused by lack of data. New time series data on economic growth may foster a research agenda devoted to the study of different growth trajectories on the continent.

Details

Authors
Organisations
External organisations
  • Norwegian University of Life Sciences
Research areas and keywords

Subject classification (UKÄ) – MANDATORY

  • Economic History

Keywords

  • Africa, economic growth, national accounts, GDP
Original languageEnglish
Publication statusPublished - 2019 Nov 19
Publication categoryResearch

Publication series

NameAfrican Economic History Working Paper Series
PublisherThe African Economic History Network
No.2019:50