“…The results here suggest that the institutional upheaval of colonial rule could not sweep away what came before it. Though the global reversal is plainly visible, my results are consistent with other recent findings that the effects of colonial rule were heterogeneous (Banerjee and Iyer, 2005;Olsson, 2009), varied according to local conditions (Arias and Girod, 2011;Bruhn and Gallego, 2012), and that the evidence for an intra-African reversal is weaker than for a global reversal (Hopkins, 2009;Huillery, 2011).…”