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Publications (88)
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In this working paper we provide an overview of two recent special journal issues on violent conflict and entrepreneurship. These are the special issue of the Journal of Small Business and Entrepreneurship (2011) and the special issue of the Journal of Conflict Resolution (2013), devoted to the...
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– Xenophobia in Post-Apartheid South Africa
In May 2008, South Africa became the theatre of widespread violent attacks against undesirable ‘outsiders’. Over 60 were killed, hundreds wounded, and tens of thousands displaced. This analysis aims at identifying the characteristics of the victims in an attempt to portray the ‘alien’ using...
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This paper investigates whether cyclical variation in women’s labour supply in Africa contributes to smoothing household consumption. We find little support for this hypothesis. Using comparable individual data on about 0.5 million women in 30 Sub-Saharan African countries merged with country level...
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Unlike in the past where industrial policy was either focused on creation and growth of state-owned firms or alternatively consisted merely of broadly functional policies without consideration for firm or entrepreneurial specifics, the requirement now is that future industrial policy ought to be a...
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Climate change is a phenomenon leading to randomly distributed disasters around the globe. Due to massive economic and technical asymmetry between the advanced North and the developing South efficient climate and industrial policy is particular difficult. Globally efficient policy would need to...
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– Impact on Waste Scavenging in Developing Countries
China has undergone remarkable economic growth spearheaded by industrialization. Chinese industry demands a wide variety of raw materials in increasing amounts in order to manufacture all kinds of products. Industrial demand exceeds domestic supply for several materials. Thus, China needs to import...
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This paper explores the implications of climate change for industrial policy (IP). Five implications are discussed, namely the need for international coordination of IPs; for putting human development, and not emission targets, as the overriding objective of low-carbon IP; of stimulating innovation...
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This study shows that China’s post-1949 state-led industrialization has closely followed an underlying path that began in the late nineteenth century. It was initiated by pressing national defence needs and has since been motivated by the same and strong incentives for a faster catch-up with the...
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This paper examines the theoretical and empirical evidence for the hypothesis that manufacturing is the main engine of growth in developing countries. The paper opens with an overview of the main arguments supporting the engine of growth hypothesis and then examines each of these arguments using a...
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Empirical studies have shown that trade agreements have different effects on countries based on their level of development, especially in trade potentials. There have been several trade agreements between North-South and South-South countries, which are accompanied with different outcomes based on...
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This study revisits the effect of aid on the quality of institutions and examines the effects of a major source of instability, namely terms-of-trade instability, on the quality of democracy. We take advantage of previous empirical findings which explain the role of aid in mitigating the adverse...
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– A case study of Liberia’s telecommunication laws
The telecommunications sector in Africa presents many exciting prospects to international investors—indeed many billion dollar projects are already underway across the continent. Many of the continent’s current problems can be traced to the exploitation it has experienced whilst ‘doing business’...
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Purposeful, well-targeted and successful transformation policies will be elusive for a country or region that does not understand the relative importance of its sectoral sources of growth. This study aims at eliciting our understanding in this respect by providing an assessment of the relative...
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– Growth and Distributional Aspects
The United Nations Millennium Declaration commits to halving extreme poverty between 2000 and 2015. The South African government has set a goal of halving poverty by 2014, although the meaning of this goal has not yet been defined. This article specifies government’s stated target of halving poverty...
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– The Case of Africa
Scholars and policy makers believe that democracy will bring prosperity through integration into the global economy via increased international trade. This study tests two theories as to why democracies might trade more. First, political freedom may be correlated with economic freedom, thus...
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– A Comparative Analysis of Domestic and Foreign Banks
Utilizing the stochastic frontier approach, this study conducts a comparative analysis of profit efficiency and cost inefficiency of commercial banks operating in 29 sub-Saharan African (SSA) countries by bank ownership (domestic bank, SSA foreign bank or non-SSA foreign bank), as well as by the...
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