Trade openness-industrialization nexus revisited in Africa

Economic Change and Restructuring - The objective of this paper is to revisit the nature of the link between trade openness and industrialization in Africa over the period 1990–2019. Given...     

The inflationary aspect of repetitive devaluation: A comment

In this paper we use primary data on 500 Ghanaian FBOs collected through semi-structured interviews and risky dictator games (RDG) to test the validity of the cooperative life cycle theory and formulate a measure of cooperative health. We first define cooperative health as the alignment of heterogeneity in risk preferences and the effectuation of collective investments. We then use cluster and correlation analysis to categorize FBOs on the basis of their health and correlate these typologies with various performance indicators. Our findings reveal that organizational health is generally low as there are only a few organizations that manage to provide member-farmers with both risk-sharing and cost-saving opportunities. Further, healthier FBOs experience stronger growth in membership while health is lower in FBOs that have been established for the purpose of benefitting from external incentives.     

Terrorist countermeasures

At the end of 1997 the Israeli Defence Forces (IDF), and their proxies the South Lebanon Army (SLA), remained hopelessly bogged down in a military quagmire which is played out daily in the hills and valleys of Southern Lebanon. As each new week passed more and more Israeli and SLA soldiers fell victim to the Islamic Resistance's (IR) most effective weapon, the roadside bomb, no amount of “preventive patrolling” could manage to reduce the frequency with which these indiscriminate attacks took place, nor did it confine the planting of these devices to the perimeter of the Security Zone. Having recently completed an assignment with the United Nations Interim Force in Lebanon (UNIFIL), Brendan O'Shea, of the History Department at University College, Cork, Ireland, investigates the claims of Nabih Berri, Leader of the Shi'ite Amal Movement and Speaker of the Lebanese Parliament, that the blood‐spattered hills of South Lebanon have now become “Israel's Vietnam.“¹