Abstract
The article documents the evolution of governance measures in Africa during post-independence: economic freedom, electoral competitiveness, political rights and civil liberties, executive constraint, and polity2. It examines their implications for economic development, considers political instability (PI) in the form of coups d’état and civil wars on the premise that PI results from poor governance. In addition, the article sheds light on the links between the more recent measures of governance – the World Bank’s Worldwide Governance Indicators (WGI) – and economic development outcomes among African countries. The article concludes by paying special attention to potential governance/institutional instruments that might reflect “good governance”, and highlights the implicit risks faced by African countries in their efforts to sustain the continent’s recent economic gains within the current political economy framework.
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