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Publications (5)
– Productivity, Policy Syndromes, and the Importance of Institutions
Recent evidence from an exhaustive political-economy study of growth of African economies—the Growth Project of the African Economic Research Consortium—suggests that ‘policy syndromes’ have substantially contributed to the generally poor growth in Sub-Saharan Africa during post-independence. The...
Journal Article
This paper models transnational terrorism as a three-way strategic interaction involving a government that faces armed opposition at home, which may spill over in the form of acts of terrorism by the state's opponents against the government's external sponsor. The external sponsor also utilises...
Journal Article
Reconstructing the financial system in countries affected by violent conflict is crucial to successful and broad-based recovery. Particularly important tasks include: currency reform, rebuilding (or creating) central banks, revitalising the banking sector, and strengthening prudential supervision...
Journal Article
Reducing or writing off the debts of the 41 heavily indebted poor countries (HIPCs) can potentially reduce social conflict by releasing resources from debt-service to enable governments to make fiscal transfers that lower the grievances of rebels (when conflict is partly rooted in grievances over...
Journal Article
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. This paper therefore uses a two‐actor model to capture the continuum...
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