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Publications (1117)
– The new structural financial economics framework
The primary role of finance is to serve the ‘real economy’¬—the part of the economy that produces goods and services. Yet in practice, the financial sector often excessively indulges in speculative activities rather than performing its main functions, such as channeling saving for productive...
Working Paper
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Cross-border traders face a choice between official and unofficial border crossings. The latter allow them to evade taxes, but expose them to other risks, such as bribes, fines, and arrest. We investigate the perceptions of cross-border traders about the risks of trading officially vs unofficially...
Journal Article
– Evidence from India
ARTICLE ON EARLY VIEW | This study analyses whether living in a locality with high crime against women affects the probability of early marriage — that is, marriage before the legal age of marriage of girls. Using a nationally-representative longitudinal dataset and tackling the potential...
Journal Article
– Examining the role of conventional banks in deepening access to formal credit
ARTICLE IS ON EARLY VIEW | Using a unique district-level panel dataset, we investigate the effect of banking system penetration on financial inclusion in Ghana. To purge potential endogeneity bias in the underlying relationship, we exploit a change in the policy environment of the Ghanaian banking...
Book Chapter
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
From the book:
Sustaining Tanzania's Economic Development
Working Paper
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This paper leverages a novel panel dataset covering the histories of 306 chiefs and 256 episodes of village governance and taxation by armed groups in 106 villages in eastern Democratic Republic of the Congo in order to analyse the relationship between the governance of armed groups and the power of...
– A Framework for Rethinking the Role of Finance in Serving the Real Economy
The study proposes an alternative framework for rethinking the role of finance in serving the real economy from the perspective of New Structural Financial Economics. It challenges conventional wisdom that developing countries should take the financial structure of developed countries as the...
Working Paper
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Following the abolition of slavery, various forms of compulsory labour were adopted by colonial powers to develop their economies. This paper analyses the contemporary consequences of compulsory cotton production—a forced labour system that operated in colonial Mozambique from 1926 to 1961. During...
Journal Article
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
– An exploratory note
This note explores the literature on the determinants of foreign direct investment and domestic savings. With respect to foreign direct investment, it argues that institutional quality is the key driver of the type of investment that is necessary for structural transformation. With respect to...
Working Paper
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– Challenges and lessons from Ukraine
Collecting public opinion data is challenging in the shadow of war. And yet accurate public opinion is crucial. Political elites rely on it and often attempt to influence it. Therefore, it is incumbent on researchers to provide independent and reliable wartime polls. However, surveying in wartime...
Working Paper
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We investigate if financial inclusion leads to improved nutrition in rural Rwanda, using Rwandan Integrated Household Living Conditions surveys (2013/14 and 2016/17). Our empirical evidence shows a robust positive impact of financial inclusion efforts undertaken by formal financial institutions...
– A closer look
Terrorist violence has a profound influence on social attitudes, including trust in governmental institutions and attitudes towards migration and civil freedoms. Acts of terrorism cause citizens to experience a complex range of negative emotions, including anxiety, anger, sorrow, and a sense of...
Journal Article
– Evidence from financial liberalization
THIS ARTICLE IS ON EARLY VIEW This study examines the redistributive effects of financial liberalization, including domestic and external finance reforms, implemented in 64 emerging and low-income countries over the past four decades. To identify these effects, we employ a 'doubly robust' estimation...
Blog
Fragile and least developed countries have had their development assistance cut drastically, according to the Organisation for Economic Co-operation and Development. For instance, net official development assistance to sub-Saharan African countries has shrunk by 7.8% compared to 2021. And...
According to a recent OECD Report, borderlands experience a greater intensity of violence, especially violence targeted against the state. While there is an expanding literature on the causes of civil conflict, we do not yet fully know why state peripheries are more prone to violence. Our research...
Journal Article
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
– Armed violence in post-war Abkhazia
This article examines the complex local dynamics of armed violence in post-war Abkhazia. Drawing on in-depth interviews with the Abkhaz participants and non-participants in this violence and a range of secondary materials, it adapts the conceptual and analytical tools developed in civil war studies...
Displaying 16 of 1117 results