Petrostates in decline
Reviewing new evidence and arguments, we conclude that natural resource dependency is indeed a mixed blessing, more likely to hinder […]
Papers on natural resources
On natural resources and how, if they are not well managed, they may prove to be a mixed blessing. Principal […]
Democracy and Growth in Africa
What do economists, including those who have become national leaders, think about the relationship between democracy and economic growth? This […]
PRESS RELEASE
New Icelandic Art-Song Cycle Released by Polarfonia Classics Hallveig Rúnarsdóttir · Elmar Gilbertsson · Snorri Sigfús Birgisson Thorvaldur Gylfason: The […]
Iceland: A View from the Bridge
Economic, geopolitical, and institutional considerations suggest that, for Iceland, EU accession is no longer simply an economic choice but a […]
Europe needs to get its act together
This forthcoming piece deals with the need of the European Union to defend Ukraine against Russian aggression as well as […]
Natural Resources and Education
Abstract This chapter reviews the literature on the different channels through which abundant natural resources can influence education and human […]
Diversification and Growth Revisited
Joint article with Gylfi Zoega, based on our longer paper.
Economics – An Apology
Mainstream economics, it has been claimed, has failed rather miserably in recent years and needs an overhaul. True, most economists […]
Catch-Up and the Curse of Oil
New paper with Gylfi Zoega Abstract Because of convergence, initial income is an important explanatory variable in many growth regressions. […]