VOLUME 1: AfricaVOLUME 2: Europe, Central Asia, and Other Regions"This is a superb manuscript, and one that will become a standard reference in the field for students of conflict and civil war." -Robert Bates, Eaton Professor of the Science of Government, Harvard University The two volumes of...

On the basis of a comparative study of 23 episodes involving commodity price shocks we find that both the public and private sectors typically save around half of a windfall gain resulting from a price rise. We argue that private windfalls should be left with the private sector rather than...