Background
Gallagher, Mark Steven was born on October 8, 1956 in New York City. Son of Charles Edward and Virginia Ann (Huneke) Gallagher.
(Much of Africa has suffered from slow or even negative gr...)
Much of Africa has suffered from slow or even negative growth since independence. According to standard neo-classical theory of growth, this should not happen. This study examines the economic experience of 22 African countries, and the author argues that rent-seeking (payment made to a resource beyond what is necessary to get the resource to perform its function) and policies that encourage rent-seeking over productive use of resources have played a major role in hindering economic growth. The resulting rent-seeking model out-performs the neo-classical growth model in explaining resource use and economic growth in Africa.
http://www.amazon.com/gp/product/0813382831/?tag=2022091-20
Gallagher, Mark Steven was born on October 8, 1956 in New York City. Son of Charles Edward and Virginia Ann (Huneke) Gallagher.
Associate of Arts, Nassau Community College, Garden City, New York, 1978. Bachelor in Economics and Languages, Center College, Pella, Iowa, 1980. Master of Arts in Economics, Fordham University, 1982.
Doctor of Philosophy in Economics, George Mason University, 1991.
Instructor City University of New York, 1983. Assistant professor St. John's University, Queens, New York, 1983. Research assistant Fordham University, Bronx, 1981-1983.
Foreign service officer Agency for International Development, Liberia, West Africa, 1984-1988. Economist World Bank, Washington, since 1988. Adjunct professor economics George Mason University, Fairfax, Virginia, 1989.
(Much of Africa has suffered from slow or even negative gr...)
Volunteer Big Brothers New York, 1982-1983. Member American Economics Association, Comparative and International Education Society, National Economics Club, Alpha Mu Gamma.
Married Cathy Ann Golden, August 21, 1982. Children: Melissa, Megan, Cara.