Working Paper
Unofficial sovereign wealth funds and duration in power in Africa
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...
Working Paper
COVID-19 and the state: Nicaragua case study
Unlike Latin American peers, and contrary to World Health Organization recommendations, Nicaragua eschewed lockdowns and other common strategies to mitigate the spread of COVID-19. Analysts have since demonstrated how Nicaraguan authorities...
Working Paper
Is economic development affected by the leaders’ education levels?
Although formal education is often considered an indicator of political leaders’ quality, the evidence on the effectiveness of educated leaders is mixed. Besides, minimum education qualifications are increasingly being used as requirements for...