This paper investigates the impact of the history of crises on macroeconomic performance. We first study the impact of past banking crises on the probability of a future banking crisis. Applying data for 1980 - 2010 for all countries for which the required information is available, controlling...

Development policy affects human rights in manifold ways. For example, trade agreements can have an adverse impact on the rights to health or food by making essential medicines or goods less accessible or available. Or large-scale investment projects influence indigenous rights when they entail...

The financialisation of commodity derivative markets, reflected in the increased presence of financial investors, and its effects on commodity prices and the fundamental roles of these markets, i.e. price discovery and price risk management for commercial traders, have been controversially...

In the context of recent commodity price hikes, the financialisation of commodity derivative markets, reflected in the increased presence of financial investors and new financial products such as commodity index and exchange traded funds has been controversially discussed. Many studies focus on...

Die Ergebnisse des Klimagipfels in Durban reproduzierten nur die strukturellen Widersprüche von Global Governance. Ohne grundlegende Reform des UN-Systems und der Anerkennung des Global Public Goods-Ansatzes bleiben die Klimaverhandlungen wirkungslose, unverbindliche technische Gipfeltreffen.

Die Konferenz Rio+20 endete mit einem enttäuschenden Kompromiss. Entscheidend für die Zukunft der globalen Nachhaltigkeitspolitik wird sein, ob es gelingt, die Schwellenländer stärker einzubinden.

Given the far-reaching implications of commodity prices for developing countries an understanding of the factors behind recent commodity price developments is crucial. ÖFSE research shows that besides structural changes in fundamental supply and demand conditions, the increasing presence of...