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A number of armed conflicts in the third world are financed with raw materials. The relative importance of such income is on the increase, given the diminishing benefits of what is hereby termed as the geo-strategic rent of the cold war. The control of raw materials, territories and marketing...
Persistent link: https://www.econbiz.de/10011025379
Although corruption may have a corrosive effect on economies and rule-based institutions, it also forms part of the fabric of social and political relationships. This endogenous character means that conflict may be engendered more by changes in the pattern of corruption than by the existence of...
Persistent link: https://www.econbiz.de/10005793058
Revenues from extractive sectors such as oil and gas, minerals, and logging play an important role in many post-conflict environments, often providing more than 30% of state fiscal receipts. When managed well, these revenues can help to finance postwar reconstruction and other vital...
Persistent link: https://www.econbiz.de/10005070044