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Natural resources have driven both growth and conflict in modern Africa. We model the interaction of parties engaged in potential conflict over such resources. The likelihood of conflict depends on both the absolute and relative resource endowments of the parties. Resources fuel conflict by...
Persistent link: https://www.econbiz.de/10012832312
Economic development in Latin America has trailed most other world regions over the past four decades despite its relatively high initial development and school attainment levels. This puzzle can be resolved by considering the actual learning as expressed in tests of cognitive skills, on which...
Persistent link: https://www.econbiz.de/10013152508
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/10012778235
We document a statistical association between the severity of the persecution and mass murder of Jews (the Holocaust) by the Nazis during World War II and long-run economic and political outcomes within Russia. Cities that experienced the Holocaust most intensely have grown less, and cities as...
Persistent link: https://www.econbiz.de/10013142282
opportunities depends on the nature of institutions. When institutions are strong, new opportunities or windfalls can have positive … effects. But when institutions are weak they can have negative effects. We present a simple model to illustrate how … comparative statics are conditional on the nature of institutions and show how this perspective helps to unify a large number of …
Persistent link: https://www.econbiz.de/10013124230
We study the joint dynamics of economic and political change. Predictions of the simple model that we formulate in the paper get considerable support in a panel of data on political regimes and GDP per capita for about 150 countries over 150 years. Democratic capital -- measured by a nation's...
Persistent link: https://www.econbiz.de/10012761656
At the close of World War II, there were wide-ranging debates about the future of economic developments. Historical experience has since shown that these forecasts were uniformly too pessimistic. Expectations for the American economy focused on the likelihood of secular stagnation; this topic...
Persistent link: https://www.econbiz.de/10013313343
-conquest Americas, and that this fact supported rent-seeking and anti-growth institutions which help explain the disappointing growth …
Persistent link: https://www.econbiz.de/10013070811
-conquest Americas, and that this fact supported rent-seeking and anti-growth institutions which help explain the disappointing growth …
Persistent link: https://www.econbiz.de/10013229134
Inefficiencies in the bureaucratic organization of the state are often viewed as important factors in retarding economic development. Why certain societies choose or end up with such inefficient organizations has received very little attention, however. In this paper, we present a simple theory...
Persistent link: https://www.econbiz.de/10012778981