We study whether natural disasters affect risk-taking behavior exploiting geographic variation in exposure to natural disasters. We conduct standard risk games (using real money) with randomly selected individuals in Indonesia and find that individuals who recently suffered a flood or earthquake...

This article examines the role of the state in development, and the question of poverty, inequality and regional disparity in selected ASEAN countries Malaysia, Indonesia, Thailand and the Philippines in the context of both internal and external pressures faced by the state and how its responds...

We focus on special characteristics of the manufacturing sector, in terms of employment generation and productivity growth, that enable the rapid, resilient economic catch-up of developing countries. We consider the 'developer's dilemma' and the relationship between manufacturing value added or...