After Myanmar ended military rule in 2011, significant foreign investment arrived to facilitate a profitable transition to an integrated regional economy, and under the promise that foreign actors can help facilitate peaceful long-term development. However, these firms have also tacitly...

Following the 2013 French military intervention in Mali, significant attention has been paid to issues of security and development in the Sahel. The stability of Sahelian countries and the capacity of their governments to manage social change and resulting tensions have major security...

Afghanistan, Somalia und die Demokratische Republik Kongo sind Beispiele für Entwicklungsländer, die unter den Folgen von Krieg, Armut und instabilen demokratischen Strukturen leiden. Diese Länder sehen sich in Sicherheitsfragen einer sehr schwierigen Herausforderung gegenüber und brauchen...

By introducing a new measure of the banking systems' size, the paper challenges the existing consensus on severe underdevelopment of the CEE banking sectors. We argue that the existing studies on the size of CEE banking systems exaggerate the real degree of underdevelopment because common...

By introducing a new measure of the banking systems' size, the paper challenges the existing consensus on severe underdevelopment of the CEE banking sectors. We argue that the existing studies on the size of CEE banking systems exaggerate the real degree of underdevelopment because common...

Many consider microfinance as a tool for poverty decrease. Even more, especially in post-conflict countries such as Kosovo, micro-financial institutions are seen as an opportunity of reconciliation. This paper explores the implication of microfinance in Kosovo since the war ended, evaluating its...

While it is clear that financial depth and economic diversity are prerequisites for the realisation of growth and development objectives, heterogeneous factors that determines financial development remains imperfectly understood. This ambiguity in the structural relations between varied...

Recent innovations in digital financial technologies (FinTech) have called into question the role of FinTech in financial development. This study examines FinTech's direct and conditional effects on financial development using data from emerging and developing economies. Three measures of...

Wie könnten Demokratisierungsprozesse weltweit wirksamer gefördert werden alsbisher? Einige Autoren schlagen zu diesem Zweck bilaterale Verträge über einenTausch von Entwicklungshilfe als Gegenleistung für institutionelle Reformen inRichtung Demokratie vor. Aus der Perspektive der...