impact of financial globalization has been remarkably limited. I argue that country attributes are still critical to … ability of a country to take advantage of financial globalization. The twin agency problems help explain why the impact of … financial globalization has been limited and why financial globalization can lead to capital flight and financial crises. The …

In the new millennium, the Western aid effort towards Africa has surged due to writings by well-known economists, a … celebrity mass advocacy campaign, and decisions by Western leaders to make Africa a major foreign policy priority. This survey … contrasts the predominant "transformational" approach (West saves Africa) to occasional swings to a "marginal" approach (West …

This paper explores whether one of the most important U.S. policies towards Africa of the past few decades achieved its …

. Exploiting the staggered implementation of the US-initiated Africa Growth and Opportunity Act (AGOA) and using high …-resolution data on ethnic composition and violent conflict for sub-Saharan Africa, our analysis finds that in the wake of improved … and groups might be left behind by globalization …

Various arguments have been used to explain Sub-Saharan Africa's economic decline. We find that a stress on investments … poverty alleviation; and that the constraints imposed by Sub-Saharan Africa's human and physical geography are not core …