The Middle East and North Africa (MENA) countries are among the world's top emitters of CO2 and SO2 in per capita terms. The objective of this paper is to analyze whether investing in the democratic development of these countries is an eective tool to make the economic growth in this region more...

This paper examines whether the degree of fiscal decentralization in aid-receiving countries matters in explaining aid effectiveness. The decentralization theorem predicts that the devolution of powers should increase aid effectiveness, since local decision-makers are better informed about local...

We study how natural-resource rents affect the risk of internal conflict within countries and how the federal structure of countries influences this relationship. Natural-resource abundance may induce excessive rent-seeking and thus increase the risk of internal conflict. Fiscal and political...