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dependence upon primary commodity exports and a large diaspora substantially increase the risk of conflict. Inconsistent with the … grievance theory, greater ethnic and religious diversity reduce the risk of conflict. The results are robust to correction for …
Persistent link: https://www.econbiz.de/10009642657
I discuss how aid can support growth in small, isolated economies. Small markets frustrate scale economies and competition. Combined with high transport costs, essential inputs become prohibitively expensive. Breaking the coordination problem requires pioneering investment. Since this generates...
Persistent link: https://www.econbiz.de/10009690756
Following the wave of democratization during the 1990s, elections are now common in low-income societies. However, these elections are frequently flawed. We investigate the Nigerian general election of 2007, which is to date the largest election held in Africa and one seriously marred by...
Persistent link: https://www.econbiz.de/10009642333
I discuss how aid can support growth in small, isolated economies. Small markets frustrate scale economies and competition. Combined with high transport costs, essential inputs become prohibitively expensive. Breaking the coordination problem requires pioneering investment. Since this generates...
Persistent link: https://www.econbiz.de/10010319804
This paper investigates the role of aid in mitigating the adverse effects of commodity export price shocks on growth in commodity-dependent countries. Using a large crosscountry dataset, we find that negative shocks matter for short-term growth, while the ex ante risk of shocks does not seem to...
Persistent link: https://www.econbiz.de/10009011706
Persistent link: https://www.econbiz.de/10003747975
Civil wars are intricate social, political and psychological phenomena. However, economics can offer analytical insights which are useful alongside the more conventional approach of case-studies. Indeed, the policy conclusions drawn from economic analysis sometimes cast doubt on conventional...
Persistent link: https://www.econbiz.de/10014024406
Resource-rich countries have tended to be autocratic and also have tended to use their resource wealth badly. The neoconservative agenda of promoting democratization in resource-rich countries thus offers the hopeful prospect of a better use of their economic opportunities. This paper examines...
Persistent link: https://www.econbiz.de/10008670336
This paper investigates the role of aid in mitigating the adverse effects of commodity export price shocks on growth in commodity-dependent countries. Using a large crosscountry dataset, we find that negative shocks matter for short-term growth, while the ex ante risk of shocks does not seem to...
Persistent link: https://www.econbiz.de/10010323524
This paper investigates the role of aid in mitigating the adverse effects of commodity export price shocks on growth in commodity-dependent countries. Using a large cross-country dataset, we find that negative shocks matter for short-term growth, while the ex ante risk of shocks does not seem to...
Persistent link: https://www.econbiz.de/10009642344