An investigative journey into the ways the resource trade wreaks havoc on Africa, 'The Looting Machine' sheds light on the shadowy networks that connect Goldman Sachs, BP, the Hong Kong underworld and the murderous cabals that rule some oil states. Africa: the world's poorest continent and,...

In mancher Hinsicht ist Afrika der wohl reichste Kontinent der Welt: Ein Drittel der weltweiten Rohstoffvorkommen liegt hier unter der Erdoberfläche. Für die Mehrheit der Bevölkerung bedeutet dieser Reichtum allerdings weit mehr Fluch als Segen. Ein kriminelles Netzwerk aus zwielichtigen...

We explore the effect of historical ethnic borders on contemporary conflict in Africa. We document that both the intensive and extensive margins of contemporary conflict are higher close to historical ethnic borders. Exploiting variations across artificial regions within an ethnicity's...

We explore the effect of historical ethnic borders on contemporary conflict in Africa. We document that both the intensive and extensive margins of contemporary conflict are higher close to historical ethnic borders. Exploiting variations across artificial regions within an ethnicity's...

The study extends the debate on finance versus institutions and measurement of property rights institutions. We assess the relationships between various components of property rights institutions and private investment, notably: political, economic and institutional governances. Comparative...

We study the role of proximity to historical ethnic borders in determining individual land ownership in Sub-Saharan Africa. Following an instrumental variable strategy, we document that individuals have a lower likelihood of owning land near historical ethnic borders. In particular, the...

We study the role of proximity to historical ethnic borders in determining individual land ownership in Sub-Saharan Africa. Following an instrumental variable strategy, we document that individuals have a lower likelihood of owning land near historical ethnic borders. In particular, the...

Purpose - The study extends the debate on finance versus institutions in the promotion of investment documented by Acemoglu and Johnson (2005), Ali (2013) and Asongu (2014). We assess the effects of various components of governance on private investment, notably: political, economic and...