Uses recently developed techniques in the estimation of non‐stationary time series to construct money demand functions for four African economies, using quarterly data. Finds that money demand depends not only on income, inflation and interest rates, but also on variability of inflation and...

Presents a conceptual framework for measuring the impact of uncertainty on investment decisions in a developing country; this framework is applied to post‐war investment in mining and manufacturing in South Africa.

The authors analyse newly collected time-series data measuring the dimensions of violent political conflict in Egypt. Attention is focused on the interaction between politically motivated attacks by Islamists and the counter-insurgency measures used by the Egyptian government. Both insurgency...