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...

Using global data we examine the dynamics of migration from developing to developed countries.  Origin and destination countries are characterized by substantial diffrences in incomes, political rights and cultures.  Incentives as well as costs shape the decision to migrate.  One powerful...

This paper examines the contractual practices of African manufacturing firms using survey data collected in Burundi, Cameroon, Cote d`Ivoire, Kenya, Zambia, and Zimbabwe. Descriptive statistics and econometric results are presented. They show that contractual flexibility is pervasive and that...

In mature democracies, elections discipline leaders to deliver good economic performance.  Since the fall of the Soviet Union most developing countries also hold elections, but these are often marred by illicit tactics.  Using a new global data set, this paper investigates whether these...

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...

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...

In this paper we investigate the efficacy of illicit electoral tactics and the characteristics which make a society prone to such tactics.  We first investigate the chances of an incumbent head of government winning an election.  We find that in those elections in which illicit tactics were...

In many African countries a market for private provision of formal sector mass housing is largely absent.  This is not inevitable, but is the consequence of policy failure surrounding five key issues.  The affordability of housing, with costs often inflated by inappropriate building...