developing world of billions in aid. The calculating crook who views stealing and murder as just another part of his business …

deterrent to investment and thus hinders economic growth. Furthermore, we use a broader measure of violence that is able to … homicides in explaining the effect of violence on both investment and economic growth …Using a panel of developed and developing countries, we investigate whether a country's investment and economic growth …

and investment. When the share of output that accrues to the owners of natural resources rises, the demand for capital … efficient allocation of capital may enhance the quantity as well as the quality of new investment and sustain growth. Empirical … thereby inhibiting economic growth. The results also suggest that abundant natural resources may hurt saving and investment …