This paper attempts to quantify the impact of the HIV/AIDS epidemic on social capital with cross-country data. Using data from the World Values Survey, the authors estimate reduced-form regressions of the main determinants of social capital controlling for HIV prevalence, institutional quality,...

The inflow of large quantities of foreign aid into Rwanda since 1994 can have potential adverse effects such as aid dependency via a significant negative effect on tax efforts and on public investments. This paper carries out a theoretical and empirical study to examine these issues. The...

Russia's invasion of Ukraine has reaffirmed the importance of scaling up renewable energy to decarbonise Europe's economy while rapidly reducing its exposure to foreign fossil fuel suppliers. Therefore, the question of sources of flexibility to support a fully decarbonised European energy system...