124 research outputs found

    Human Capital, Growth and Inequality in Transition Economies

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    Transition economies have an initial condition of high human capital relative to living standards. I explore the possible implications of this key fact by surveying and adapting literature on growth and inequality. I focus especially on the long run and policy options.Transition economies, human capital, growth, inequality, liquidity constraints, educational reform, long run

    Productivity paralysis and the complexity problem : why do centrally planned economies become prematurely gray?

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    Includes bibliographical references (p. 21-22)

    The violent death toll from the Iraq War:2003–2023

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    From the beginning of the Iraq war, in March of 2003, to the present day, controversy has swirled around the death toll of the war. This paper narrows down the range of uncertainty for the numbers and trends in violent deaths in the war. I assemble and appraise all primary sources that cover the period from March of 2003 onwards—six sample surveys plus a casualty recording project (Iraq Body Count [IBC]). Data permitting, I present cumulative monthly figures with, for the surveys, 95% bootstrapped uncertainty intervals. The analysis uncovers a core of high-quality mainstream sources that are highly consistent with each another. In addition, there are three outlier surveys that are compromised by serious flaws and produce estimates far outside the mainstream. Discarding the outlying and flawed surveys reveals a clear picture of the violent death toll from the Iraq war. IBC figures, extended to include combatants, occupy a central position within the mainstream range of estimates. The strong consistency across the high-quality sources provides a rare validation of three war-death-measurement methodologies—household-based surveys, sibling-based surveys, and casualty recording. Methodological success notwithstanding, we must transcend the numbers to truly comprehend the human costs of the war

    Political Instability and Growth in Dictatorships

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    We model growth in dictatorships facing each period an endogenous probability of ``political catastrophe'' that would extinguish the regime's wealth extraction ability. Domestic capital exhibits a bifurcation point determining economic growth or shrinkage. With low initial domestic capital the dictator plunders the country's resources and the economy shrinks. With high initial domestic capital the economy eventually grows faster than is socially optimal.dictatorship, growth, political economy, bifurcation

    From old wars to new wars and global terrorism

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    The 9/11 attacks created an urgent need to understand contemporary wars and their relationship to older conventional and terrorist wars, both of which exhibit remarkable regularities. The frequency-intensity distribution of fatalities in "old wars", 1816-1980, is a power-law with exponent 1.80. Global terrorist attacks, 1968-present, also follow a power-law with exponent 1.71 for G7 countries and 2.5 for non-G7 countries. Here we analyze two ongoing, high-profile wars on opposite sides of the globe - Colombia and Iraq. Our analysis uses our own unique dataset for killings and injuries in Colombia, plus publicly available data for civilians killed in Iraq. We show strong evidence for power-law behavior within each war. Despite substantial differences in contexts and data coverage, the power-law coefficients for both wars are tending toward 2.5, which is a value characteristic of non-G7 terrorism as opposed to old wars. We propose a plausible yet analytically-solvable model of modern insurgent warfare, which can explain these observations.
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