This article explores the consequences of financial liberalization policy on the banking sector in Bangladesh. Following a motivating portfolio selection theor-etical model on the impact of liberalization, it applies time series techniques with annual banking sector data for the period...

This paper examines in a comparative context the determinants of foreign direct investment in Kenya and Malaysia as well as its impact on economic growth in order to inform policy debates. Kenya in the recent past has committed itself to emulating the development experiences of Malaysia in order...

Social violence in Indonesia centres around vigilantism/popular justice and group brawls. This kind of violence occurs frequently and, hence, can be described as `routine'. While episodic violence associated with intercommunal and secessionist strife gets most attention, the everyday type does...

The aim of this article is to examine the impact of increased trade on wage inequality in developing countries, and whether a higher human capital stock moderates this effect. We look at the skilled--unskilled wage differential. When better educated societies open up their economies, increased...

The Financial Crisis and Developing Countries discusses and analyses regional and country specific impacts of the financial crisis in emerging markets and developing countries, covering all continents. Using heterodox and mainstream methodologies, the book develops a multidisciplinary...

This paper expands the micro-foundations of the traditional greed and grievance non-cooperative model of civil conflict between a government and a rebel group.First, the papers model allows for greed and grievance to be orthogonal, so that they may affect each other. Second, the model allows for...

I review the relationship between natural resource endowment type and economic growth in developing countries. Certain types of natural resources, such as oil and minerals, tend to exhibit concentrated production and revenue patterns, while revenue flows from other resources such as agriculture...

This paper focuses on two areas of security concern for the European Union: terrorism and international crime. I present a model of game-theoretic interaction between a European state and a domestic dissident group, who, on occasion, may resort to acts of terrorism. Here, identity is crucial to...

Lack of growth limits poverty reduction while poverty increases conflict risk. Institutional failure and other factors seem to cause both growth failure and civil war. The greed explanation for conflict is common in cross-country econometric investigation, despite its dubious role in directly...