quality of governance) and the degree of market segmentation (depending on the level of ethnic fractionalization). The model …. Our results have important implications for the conditions under which policy reform will enhance financial development. …

: extended institutional and governance quality, democracy, voice and accountability, a well functioning system of law and order … for a contagion effect. -- Assassinations ; rational choice ; governance ; democracy ; dictatorship ; deterrence …

Peer reviews and rankings today are the backbone of research governance, but recently came under scrutiny. They take … offers an alternative to the present regime of academic rankings. -- peer reviews ; rankings ; research governance ; agency …