Those fragile states whose stagnation is so tenacious despite generous aid programs, and substantial and costly interventions, are stuck in a 'fragility trap.' Caught in a low-level equilibrium, trapped states appear to be in a perpetual political and economic limbo that can last for years and...

Theorie der makro- und mikroökonomischen Wirkung von Infrastruktur -- PPP aus Sicht der Neuen Institutionenökonomik -- Risikotransfer / Risikoallokation in PPP-Projekten -- Institutionen als Bestimmungsfaktoren für PPPs in Kamerun. .

Peer review and public-private partnerships hinge on transparency. Transparency is about commonly shared knowledge about the economy, its performance, and the way policy influences it. The Composite Indicator of Economic Activity in Mozambique (ICAE) is a tool of knowledge whose construction is...