In diesem Beitrag werfen wir einen Blick auf die 'TARGET2-Debatte', die insbesondere durch die Beiträge von Hans-Werner Sinn (exemplarisch: 2011a-d), John Whittaker (2011), und Ende letzten Jahres bereits durch Peter Garber (2010) initiiert worden ist. Die fachliche Auseinandersetzung hat auf...

The countries comprising the Southern African Customs Union (SACU) are currently not very integrated into global value chains (GVCs), potentially missing out on important development opportunities. Accordingly, we explore high level options for promoting their integration. Given East Asia's...

We analyze the impact of institutional and cultural factors on the supply side of open source software (OSS). OSS is a privately provided public good: it is marked by free access to the software and its source code, and is developed in a public, collaborative manner by thousands of volunteers as...

Conflicts end. Often though, the roots of future conflict remain in fertile soil. The process of reconciliation among erstwhile enemies may be a way to deter future conflagrations; we have witnessed a number of examples such as in Rwanda or South Africa. However, to be sustainable and effective,...

The countries comprising the Southern African Customs Union (SACU) are currently not very integrated into global value chains (GVCs), potentially missing out on important development opportunities. Accordingly, we explore high level options for promoting their integration. Given East Asia’s...

We examine the relationship between South African Rand and gold price volatility using monthly data for the period 1980-2010. Our main findings is that prior to capital account liberalization the causality runs from South African Rand to gold price volatility but the causality runs the other way...

Concerns about socially uneven progress and inequality have regained public attention (including that of many populist politicians). The purpose of this paper is to identify the economic policies as well as economic factors that facilitate inclusive development. This paper is a first attempt to...

Conflicts end. Often though, the roots of future conflict remain in fertile soil. The process of reconciliation among erstwhile enemies may be a way to deter future conflagrations; we have witnessed a number of examples such as in Rwanda or South Africa. However, to be sustainable and effective,...