Elias Papaioannou, Professor of Economics and Academic Director of the Wheeler Institute for Business and Development has been awarded a Larger Research Grant worth £70,000 from the Structural Transformation and Economic Growth (STEG) programme.
Elias' research will focus on sub-Saharan Africa and will investigate the economic, social, and political legacies of concessionary firms tracing their impact over the various distinct phases of colonisation, early independence, and contemporary era.
Elias says, "We are grateful to the STEG initiative for supporting our teams' work to map and examine the legacy of private capital in colonial Africa".
The STEG programme, established in March 2020, aims to provide a better understanding of structural change, productivity, and growth in low- and middle-income countries. STEG seeks to develop a strong body of evidence that will help country governments, international development organisations, NGOs, and the private sector to design and implement strategies, policies, and programmes that better facilitate structural change, productivity gains, and both sustained and sustainable growth.
The STEG Working Paper Series features leading research in the fields of structural transformation, productivity, and growth. Find the latest papers here.