Political economy, Mr. Churchill, and natural resources
The article recalls Winston Churchill’s advocacy of public ownership of natural resources in Africa in the early 1900s. Following a […]
Negative interest
It was at Princeton that I first met Hans Tson Söderström, in 1975. His host there was Professor William Branson, […]
From double diversification to efficiency and growth
The paper discusses economic and political diversification as two sides of the same coin, presenting them as parallel potential determinants […]
Iceland´s new constitution is not solely a local concern
This paper analyzes the constitutional impasse in Iceland where, after the financial collapse of 2008, Parliament convened a National Assembly […]
Around the world with Irving Fisher
With Helgi Tómasson and Gylfi Zoega. This paper aims to show why Irving Fisher’s own data on interest rates and […]
Social capital, inequality, and economic crisis
Economic growth is propelled in part by the accumulation of different kinds of capital, including social capital in its several […]
Free trade agreements, institutions and exports of Eastern Partnership countries
With Inmaculada Martínez-Zarzoso and Per Magnus Wijkman. Following popular protests at home and the fall of the government, Ukraine reversed […]
Filling the institutional vacuum in Eastern Europe
With Inmaculada Martínez-Zarzoso and Per Magnus Wijkman. In Eastern Partnership Review No. 21, May 2015. Abstract An “institutional vacuum” characterized […]
How free trade can help convert the ’Arab Spring’ into permanentændum peace and democracy
With Inmaculada Martínez-Zarzoso and Per Magnus Wijkman.
Resource rents, democracy and corruption: Evidence from sub-Saharan Africa
With Rabah Arezki.