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Resource curse theory claims that resource abundance encourages violent conflict. A study of 37 oil-producing developing countries, however, reveals that oil states with very high levels of oil revenue are remarkably stable. An analysis of the ways in which governments spend oil revenues...
Persistent link: https://www.econbiz.de/10008905232
The Iranian revolution still appears to be a puzzle for theoretical approaches linking political instability and … focus is on the violence that accompanied the events preceding the revolution, and also on the fact that this violence was … regime. -- Iran ; oil ; revolution ; resource curse ; rentier state theory ; context approach …
Persistent link: https://www.econbiz.de/10008908718
"The Roosevelt Corollary to the Monroe Doctrine marked a turning point in American foreign policy. In 1904, President Roosevelt announced that, not only were European powers not welcome in the Americas, but that the U.S. had the right to intervene in the affairs of Central American and Caribbean...
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Banking regulations (such as, risk-based capital framework and reserve requirements) have had the unintended consequence of incentivizing banks to hold more sovereign debt on their balance sheets than suggested by their strategic motives. As a result, bank stability now depends more heavily than...
Persistent link: https://www.econbiz.de/10012862032