A key event in economic history was the independence of nearly ninety former colonies after World War II. On the basis of qualitative and quantitative evidence, we argue that independence often constituted an institutional disequilibrium that the new regimes reacted to in very different ways. We...

The article analyzes the war against Mobutu (1996-97) and the more recent war (1998-) in the Democratic Republic of the Congo with particular attention to greed and grievance as motivating factors in these two wars. Whereas the authors’ usage of the term ‘greed’ simply...