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We consider a dynamic setting in which two sovereign states with overlapping ownership claims on a resource/asset first arm and then choose whether to resolve their dispute violently through war or peacefully through settlement. Both approaches depend on the states’ military capacities, but...
Persistent link: https://www.econbiz.de/10014243081
costlessly enforced. The costs of insecurity and the resultant conflict are, however, real and often economically significant. In … this paper, we examine how international trade regimes affect the costs of conflict and, in turn, how the desirability of … international trade is affected by these costs. We consider both domestic and international conflict. Trade openness reduces the …
Persistent link: https://www.econbiz.de/10014243087
This paper examines whether the federal structure of aid-receiving countries matters in explaining aid effectiveness. Following the decentralization theorem, the devolution of powers should increase aid effectiveness, since local decision-makers are better informed about local needs. At the same...
Persistent link: https://www.econbiz.de/10010275808
This paper explores the dynamics of press freedom around events that threaten or oust the incumbent regime of a country. While democracies on average grant the press more freedom, our theoretical starting point is that democracies and autocracies may have similar incentives to protect the power...
Persistent link: https://www.econbiz.de/10012908729
We analyze how trade openness matters for interstate conflict over productive resources. Our analysis features a terms …, greater trade openness brings with it a reduction in resources diverted to conflict and thus wasted, as well as the familiar … with a third (friendly) country, a move from autarky to trade intensifies conflict between the two adversaries, inducing …
Persistent link: https://www.econbiz.de/10012892081
In this study, we look at the association between COVID-19 fatality rate and internal conflict, highlighting the … COVID-19 fatality rates are likely to be positively associated with internal conflict in countries with lower levels of … countries, the estimation results demonstrate that the positive effect of COVID-19 fatality rates on internal conflict may …
Persistent link: https://www.econbiz.de/10013323876
Firms and entrepreneurs of all types - from microenterprises to multinationals - play a central role in growth and poverty reduction. Their investment decisions drive job creation, the availability and affordability of goods and services for consumers, and the tax revenues governments can draw...
Persistent link: https://www.econbiz.de/10012644143
Changing population age structures are shaping the trajectories of development in many countries, bringing opportunities and challenges. While aging has been a matter of concern for upper-middle and high-income economies, rapid population growth is set to continue in the poorest countries over...
Persistent link: https://www.econbiz.de/10012245769
global climate policy and neutrality of the supporting institutions is critical for such cooperation to succeed. Difficulties …
Persistent link: https://www.econbiz.de/10012247100
Emerging markets and developing economies (EMDEs) weathered the 2009 global recession relatively well. However, the impact of the global recession varied across economies. EMDEs with stronger pre-crisis fundamentals - such as large foreign exchange reserves, sound fiscal positions, and low...
Persistent link: https://www.econbiz.de/10012257019