The extent to which local communities benefit from commodity booms has been subject to wide but inconclusive investigations. This paper draws from a new district-level database to investigate the local impact on socioeconomic outcomes of mining activity in Peru, which grew almost twentyfold in...

This paper reviews the evolving literature that links financial development, financial crises, and economic growth in the past 20 years. The initial disconnect-with one literature focusing on the effect of financial deepening on long-run growth and another studying its impact on volatility and...

The coherence and effectiveness of engagement with the world's 'fragile and conflictaffected states' - beyond ethical imperatives and geo-strategic considerations - turns on answers to two vexing questions. First, on what defensible basis is any given country, at any given historical moment,...