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This paper argues that in weak states, leaders whose hold on power is secured by the public fortune have turned to the use of sovereign wealth funds (SWFs), especially unofficial SWFs, to cement their hold on power. Unofficial SWFs are private funds created from resource rents with the...
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This article examines the effect of leader longevity in power on world happiness. To make the assessment, a sample composed of 135 countries observed over the period 2006 to 2018 was constituted. The results obtained from OLS estimates show that longevity in power reduces individual happiness....
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This article examines the effect of leader longevity in power on world happiness. To make the assessment, a sample composed of 135 countries observed over the period 2006 to 2018 was constituted. The results obtained from OLS estimates show that longevity in power reduces individual happiness....
Persistent link: https://www.econbiz.de/10015064748
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This paper argues that in weak states, leaders whose hold on power is secured by the public fortune have turned to the use of sovereign wealth funds (SWFs), especially unofficial SWFs, to cement their hold on power. Unofficial SWFs are private funds created from resource rents with the...
Persistent link: https://www.econbiz.de/10012098407