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The financial organisations engaged in the electricity and natural gas markets were forced to change, due to the deregulation process. The presence of new players in the markets and changes in demand obliged the existing companies to react. This reaction was not limited to an aggressive...
Persistent link: https://www.econbiz.de/10013069698
This paper examines the controlling role of European competition law in the energy market restructuring in EU after the gradual liberalisation process of previous years and defines the application of European competition law to this framework of restructuring. The particular focus of this paper...
Persistent link: https://www.econbiz.de/10013069699
One of the main problems in the analysis of the resource-conflict nexus is the heterogeneity of the ownership structures and the extraction sites profitability for the same natural resources even within the same state. We contend that the reliance on national-level resource income data biases...
Persistent link: https://www.econbiz.de/10013077138
Sub-Saharan African countries have undergone fundamental changes in political regime type, but political institutions which allocate power and determine how it is transferred have not witnessed any fundamental change. This has resulted in what we term adverse political selection; a mismatch...
Persistent link: https://www.econbiz.de/10012990644
The arguments that property rights and taxation positively affect development are well established in separate literatures, but the link between property rights and taxation is understudied. To address this gap, we theorize that formalization of individual property rights facilitates economic...
Persistent link: https://www.econbiz.de/10012798722
As part of electricity sector reforms, Sub-Saharan African countries have established independent regulatory agencies to signal legal and political commitment to end selfregulation and provision of service by the state. The reforms aimed to encourage private investments, improve efficiency, and...
Persistent link: https://www.econbiz.de/10012194362
This paper explores the relationship between economic globalisation and environmental quality by incorporating institutions as the determinant of this relationship for Sub-Saharan Africa (SSA). The study deploys the technique of generalised methods of moments to assess data spanning the period...
Persistent link: https://www.econbiz.de/10012605917
Beyond the usual macroeconomic stability, which is a necessity for economic growth, more focus should be placed on the effects that environmental quality has on infant mortality in sub‑Saharan Africa. Africa has always had the highest rate of infant mortality and the poorest environmental...
Persistent link: https://www.econbiz.de/10014339839
We show that drought-induced changes in the intensity of riots lead to moves towards democracy in sub-Saharan Africa, and that these changes are often a result of concessions made as a result of the riots. This provides evidence that low-intensity conflict can have a substantial short-run impact...
Persistent link: https://www.econbiz.de/10010375173