Showing 1 - 7 of 7
Economists generally assume the existence of sufficient institutions to sustain a market economy and tax the citizens. However, this starting point cannot easily be taken for granted in many states, neither in history nor in the developing world of today. This paper develops a framework where...
Persistent link: https://www.econbiz.de/10005662311
This paper documents a stylized fact not well appreciated in the literature. The Third World has been undergoing an emigration life cycle since the 1960s, and, except for Africa, emigration rates have been level or even declining since a peak in the late 1980s the early 1990s. The current...
Persistent link: https://www.econbiz.de/10004972165
Africa and Latin America secured their independence from European colonial rule a century and half apart: most of Latin America after 1820 and most of Africa after 1960. Despite the distance in time and space, they share important similarities. In each case independence was followed by political...
Persistent link: https://www.econbiz.de/10005136542
? What relations should we expect between resource rents, civil wars and economic development? The paper is organized into …
Persistent link: https://www.econbiz.de/10005036244
Poor countries are more volatile than rich countries, and we know this volatility impedes their growth. We also know that commodity price volatility is a key source of those shocks. This paper explores commodity and manufactures prices over the past three centuries to answer three questions: Has...
Persistent link: https://www.econbiz.de/10005656266
It is widely recognized that fragile states are key symptoms of under-development in many parts of the world. Such …, mainstream development economics has not dealt in any systematic way with such concerns and the implications for development … assistance. This paper puts forward a framework for analyzing fragile states and applies it to a variety of development policies …
Persistent link: https://www.econbiz.de/10008865974
This paper explores Southeast Asia's trade performance over the four and a half centuries from 1500 to 1940. It identifies the determinants of the commodity export performance – falling trade costs, income growth of its trading partners, and improved supply conditions at home. It also explores...
Persistent link: https://www.econbiz.de/10011084313