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Publications (13)
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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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– Exploring the Mutual Determinants between Armed Conflict and the Private Sector
As elsewhere, the Colombian private sector has been accused of promoting or profiting from violence in the country. However, the private sector’s role in the armed conflict and the impact of conflict on entrepreneurial activity vary, as reflected by differences in political activism, in...
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In this paper, we formalize the view that economic development requires high rates of productive entrepreneurship, and this requires an efficient matching between entrepreneurial talent and production technologies. We first explore the role of financial development in promoting such efficient...
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Micro- and small-scale enterprises (MSEs) have become important players in the Kenyan economy, but at the same time they continue to face constraints that limit their development. Lack of access to financial services is one of the main constraints, and a number of factors have been identified to...
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We examine how institutional and policy reforms affect the relationship between entrepreneurship and growth. We perform Arellano-Bond GMM estimations on annual data (over the period 1990-2002) from a large group of developing countries and focus in particular on the interplay between policy and...
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Support for entrepreneurship is widely seen as a mechanism to facilitate prosperity and peace in a growing number of post-conflict states. In this paper I critically evaluate this view. I argue that entrepreneurship is a ubiquitous quality in post-conflict states but not necessarily always for the...
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We argue that the conflicts in the Caucasus are the result of the abrogation by the elite of the earlier, Soviet era, social contract. This process was accompanied by the collapse of the formal economy; evidenced by huge national income compression, falling public goods provision, and growing...
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– Economic Development, Public Policy and Conflict Containment
Conflicts within the Malaysian federation have been rooted in socio-economic disparities and the struggle for control of natural resource rents, which State Governments previously had exclusive control over, as originally provided for by the federal constitution. The advance of fiscal centralization...
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This paper discusses some of the principal issues relating to the reconstruction of the financial sector in conflict-affected countries, focusing on currency reform, the rebuilding (or creation) of central banks, the revitalization of the banking system, and its prudential supervision and regulation...
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– The Cost of Peaceful Behaviour
War provides economic opportunities, such as the capture of valuable natural resources, that are unavailable in peacetime. However, belligerents may prefer low-intensity conflict to total war when the former has a greater pay-off. The paper therefore uses a two-actor model to capture the continuum...
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The relationship between an economy's financial sector and the occurrence and resolution of conflict may at first sight appear tenuous. Banking systems, financial regulation and currency arrangements do not appear to be relevant in understanding why nations collapse or why people kill each other...
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In a significant number of developing countries, revenue from the sale of a few natural resources accounts for the vast majority of export earnings and a large share of total government revenue. As a result, the allocation of revenue from natural resources is a critical political question. Tensions...
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This study examines the relative merits of grievance-based explanations of civil conflict that stress ‘Malthusian crises’ and ‘creed-related,’ civilizational clashes against competing propositions of greed- and governance-related explanations. The results from maximum-likelihood analyses on...
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