The paper verifies the Azzimonti et al. (2014) conclusions on a sample of 53 African countries for the period 1996-2008. Authors of the underlying study have established theoretical underpinnings for a negative nexus between rising public debt and inequality in OECD nations. We assess the...

This paper seeks to contribute to the debate on the impact of globalisation on sovereignty by analysing how sovereign debt crises affect perceptions of sovereignty in the countries where they occur. I argue that sovereign debt crises are perceived as threats to sovereignty by citizens and...

The claim of globalization critics that the income gap to industrial countries is bound to widen for essentially all developing countries as a consequence of economic globalization is in conflict with empirical evidence. Economic performance differs tremendously across developing countries. We...

In der dritten Welt wird die ökonomische Entwicklung verhindert, weil die Länder Kredite ausländischer Gläubiger bedienen müssen. Ein Schuldenerlass ist notwendig, weil demokratische Regierungen nur bedingt für die Politik ihrer nicht legitimierten Vorgänger in die Pflicht genommen werden...