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The duration of large-scale, violent civil conflict increases substantially if the society is composed of a few large ethnic groups, if there is extensive forest cover, and if the conflict has commenced since 1980. None of these factors affects the initiation of conflict. And neither the...
Persistent link: https://www.econbiz.de/10012748638
Of the 27 major armed conflicts that occurred in 1999, all but two took place within national boundaries. As an impediment to development, internal rebellion especially hurts the world's poorest countries. What motivates civil wars? Greed or grievance?Collier and Hoeffler compare two contrasting...
Persistent link: https://www.econbiz.de/10012748889
Among 51 countries studied, there are large regional differences in the proportion of private wealth held abroad, ranging from 3 percent in South Asia to 39 percent in Africa. Three variables explain capital flight in Africa: exchange rate overvaluation, adverse investor risk ratings, and high...
Persistent link: https://www.econbiz.de/10012749758
This paper sets flight capital in the context of portfolio choice, focusing upon the proportion of private wealth that is held abroad. There are large regional differences in this proportion, ranging from 5 percent in South Asia to 40 percent in Africa. We explain cross-country differences in...
Persistent link: https://www.econbiz.de/10012782530
Persistent link: https://www.econbiz.de/10011965616
Using global data for the period 1960-99, Collier and Hoeffler estimate neighborhood arms races. They find that the level of military expenditure is strongly influenced by the expenditure of neighbors. The authors estimate an quot;arms race multiplier,quot; finding that an initial exogenous...
Persistent link: https://www.econbiz.de/10012748393
This article sets flight capital in the context of portfolio choice, focusing on the proportion of private wealth that is held abroad. There are large regional differences in this proportion, ranging from 5 percent in South Asia to 40 percent in Africa. The authors explain cross-country...
Persistent link: https://www.econbiz.de/10015360290
Persistent link: https://www.econbiz.de/10014554544
Persistent link: https://www.econbiz.de/10010523616
The authors compare two contrasting motivations for rebellion: greed and grievance. Most rebellions are ostensibly in pursuit of a cause, supported by a narrative of grievance. But since grievance assuagement through rebellion is a public good that a government will not supply, economists...
Persistent link: https://www.econbiz.de/10012572759