We present a theoretical model of moral hazard and adverse selection in an imperfectly competitive loans market that is suitable for application to Africa. The model allows for variation in both the level of contract enforcement (depending on the quality of governance) and the degree of market...

The past two decades have seen a dramatic rise in African immigration to the United States, and this paper investigates the political implications of this recent wave of migration to current frames of understanding African American politics and political ideology. It argues that the politics of...