US-Ukraine: Partnershipped to Peace and Prosperity

Discussion Paper No . 2007 / 02 Peace , Prosperity , and Pro - Growth

Support for entrepreneurship is widely seen as a mechanism to facilitate prosperity and peace in a growing number of post-conflict states. In this paper I critically evaluate this view. I argue that entrepreneurship is a ubiquitous quality in post-conflict states but not necessarily always for the good. Unproductive and destructive entrepreneurship may inhibit the resurgence of the private sect...

Universities, key to prosperity.

By almost any measure, U.S. research universities are consistently ranked among the best in the world. Beginning with the Morrill Act (Land Grant College Act) of 1862, federal and state policies have underscored the nation's commitment to building the finest research institutions. As such, U.S. universities have been the incubators of the nation's prosperity. E. I. du Pont de Nemours and Compan...

Patience and prosperity

This paper introduces wealth-dependent time preference into a simple model of endogenous growth. The model generates adjustment dynamics in line with the historical facts on savings and economic growth in Europe from the High Middle Ages to today. Along a virtuous cycle of development more wealth leads to more patience, which leads to more savings and even higher wealth. Savings rates and incom...

Ukraine crisis: Trends and Perspectives

Thecrisis in Ukraine has become a tragedy, as is evidenced by the thousands ofpeople who have been killed, and hundreds of thousands of refugees. It willalter the future of Ukraine, Europe, Eurasia and possibly the world. The crisisbegan in the fall of 2013 as a public response to the authorities’ ill-advisedpolicy and the greed of the elite. However, clumsy assistance provided byconcerned «par...

Violence , Peace , and Peace Research