providing evidence of a resource curse. Extractive industries in South Africa, Botswana, and Namibia have positive direct …

The present paper argues that the effect of corruption on foreign ownership is not necessarily linear and depends on … the level of host corruption. So long as the expected returns from foreign investments exceed its expected costs, higher … host corruption will be associated with higher foreign ownership. However, costs may exceed or exactly compensate the …

they become leaders. -- FDI ; leaders' educational level ; return migration ; Africa …

This paper analyzes the role of networks in the spatial diffusion of local economic shocks in Africa. We show that road … then determine the key players, i.e., which districts are key in propagating local economic shocks across Africa. Using …

We explore the determinants of state fragility in sub-Saharan Africa. Controlling for a wide range of economic … institutions are accounted for. -- State fragility ; Africa ; institutions ; colonial history …