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Economic Evolution and Revolution in Historical Time$
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Paul W. Rhode, Joshua L. Rosenbloom, and David F. Weiman

Print publication date: 2011

Print ISBN-13: 9780804771856

Published to Stanford Scholarship Online: June 2013

DOI: 10.11126/stanford/9780804771856.001.0001

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The Fundamental Impact of the Slave Trade on African Economies

The Fundamental Impact of the Slave Trade on African Economies

Chapter:
(p.86) Chapter 4 The Fundamental Impact of the Slave Trade on African Economies
Source:
Economic Evolution and Revolution in Historical Time
Author(s):

Warren C. Whatley

Rob Gillezeau

Publisher:
Stanford University Press
DOI:10.11126/stanford/9780804771856.003.0004

This chapter, which analyzes the evolutionary processes ignited by the colonial encounters of indigenous populations in Africa with European colonizers, examines the fundamental impact of slave trade in African economic and societies and argues that the slave trade can be viewed as a perverse instance of the “resource” curse. It first assesses the impact of the slave trade on Africa by looking at the empirical relationship between slave demand and slave exports. The chapter then describes the conditions under which the slave trade reduced the size of states, increased social and ethnic stratification, and created a reign of terror.

Keywords:   evolutionary process, colonial encounters, indigenous populations, Africa, Europeans, slave trade, resource curse, ethnic stratification

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