Abstract: Kidnappings of soldiers, journalists, aid workers, and other civilians by armed groups happen every day, yet the politics of hostage recovery remains understudied. We develop an original theory about […]

Abstract: Over the past decade, China's direct investment in Brazil has quadrupled, making it one of the main investors in Latin America's largest economy. This study examines Brazilians' perceptions of […]

Abstract: Did firms shift resources to decarbonization in the wake of the 2015 Paris Agreement on climate change, especially in industries where technology permits relatively cheap low- carbon options? The […]

Can foreign aid expand fiscal capacity? Drawing on principal–agent theory, I argue that foreign aid builds capacity when the interests of the donor and the political leadership of the recipient […]

Abstract: Sovereign default and restructurings should, in theory, lead to creditor punishment through higher borrowing costs or capital market exclusion. However, empirical evidence shows that punishment is inconsistent and not […]

Abstract: The energy transition has created a global rush for critical minerals that are indispensable for the manufacturing of "green" technology, such as electric vehicles, solar panels, and wind turbines. […]