The West's diminished belief in its own transformative capabilities has led to a preference for stabilisation over statebuilding interventions. This working paper explores how this has led to an increased Western focus on applying distance between the intervening state and the subject of...

We provide a comprehensive assessment of volatility connectedness between the currencies of Central European (CE) countries using high-frequency data from 2009 to 2022. We assess asymmetries in connectedness (not investigated for CE currencies before) and document domination of the negative...