Reconstructing the financial system in countries affected by violent conflict is crucial to successful and broad-based recovery. Particularly important tasks include: currency reform, rebuilding (or creating) central banks, revitalising the banking sector, and strengthening prudential...

The relationship between an economy's financial sector and the occurrence and resolution of conflict may at first sight appear tenuous. Banking systems, financial regulation, and currency arrangements do not appear to be relevant in understanding why nations collapse or why people kill each...

War provides economic opportunities, such as the capture of valuable natural resources, that are unavailable in peacetime. However, belligerents may prefer low-intensity conflict to total war when the former has a greater pay-off. This paper therefore uses a two-actor model to capture the...

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This article analyses credibility and reputation in the context of peace negotiations. The model is applicable to the credibility of peace agreements in post-conflict situations in the immediate aftermath of civil war, where there is a danger of conflict breaking out again. The analysis is...

Reducing or writing off the debts of the 41 heavily indebted poor countries (HIPCs) can potentially reduce social conflict by releasing resources from debt-service to enable governments to make fiscal transfers that lower the grievances of rebels (when conflict is partly rooted in grievances...