Showing 1 - 10 of 490
Using global data we examine the dynamics of migration from developing to developed countries. Origin and destination countries are characterized by substantial differences in incomes, political rights and cultures. Incentives as well as costs shape the decision to migrate. One powerful dynamic...
Persistent link: https://www.econbiz.de/10010887046
Of the 27 major armed conflicts that occurred in 1999, all but two took place within national boundaries. As an impediment to development, internal rebellion especially hurts the world's poorest countries. What motivates civil wars? Greed or grievance? This paper compares two contrasting...
Persistent link: https://www.econbiz.de/10009642640
Post-conflict societies face two distinctive challenges: economic recovery and risk reduction. Aid and policy reforms have been found to be highly effective in the economic recovery. In this paper we concentrate on the other challenge, risk reduction. The post-conflict peace is typically...
Persistent link: https://www.econbiz.de/10011152507
The holding of elections has become universal but only about half of all elections have been free and fair. Electoral malpractice not only distorts the quality of representation but has implications for political, social and economic outcomes. Existing datasets either provide broad information...
Persistent link: https://www.econbiz.de/10010755241
The authors compare two contrasting motivations for rebellion: greed and grievance. Most rebellions are ostensibly in pursuit of a cause, supported by a narrative of grievance. But since grievance assuagement through rebellion is a public good that a government will not supply, economists...
Persistent link: https://www.econbiz.de/10012572759
The authors model the duration of large-scale, violent civil conflicts, applying hazard functions to a comprehensive data set on such conflicts for the period 1960-99. They find that the duration of conflicts is determined by a substantially different set of variables than those that determine...
Persistent link: https://www.econbiz.de/10012573054
Using global data for the period 1960-99, the authors estimate neighborhood arms races. They find that the level of military expenditure is strongly influenced by the expenditure of neighbors. The authors estimate an "arms race multiplier," finding that an initial exogenous increase in military...
Persistent link: https://www.econbiz.de/10012573180
Countries emerging from civil war attract both aid and policy advice. This paper provides the first systematic empirical analysis of aid and policy reform in the post-conflict growth process. It is based on a comprehensive data set of large civil wars and covers 27 countries that were in their...
Persistent link: https://www.econbiz.de/10012573230
This paper sets flight capital in the context of portfolio choice, focusing upon the proportion of private wealth that is held abroad. There are large regional differences in this proportion, ranging from 5 percent in South Asia to 40 percent in Africa. We explain cross-country differences in...
Persistent link: https://www.econbiz.de/10012782530
Among 51 countries studied, there are large regional differences in the proportion of private wealth held abroad, ranging from 3 percent in South Asia to 39 percent in Africa. Three variables explain capital flight in Africa: exchange rate overvaluation, adverse investor risk ratings, and high...
Persistent link: https://www.econbiz.de/10012749758