On November 21st, Chris Kingston, professor in Economics at Amherst College, presented findings from a long-term project on institutional formation and equilibria, based on data from maritime insurance in the 1700s. Using data on insurance contracts and relevant regulations, Kingston was able to explain why insurers in Europe tended to rely on a clearing house model, where brokers matched merchants with individual insurers, whereas in the American colonies insurance was very quickly corporatized and remained so. This work is relevant to examining how similar systems can se...
The Navarra Center for International Development (NCID) is proud to announce the signature of a Memorandum of Understanding (MOU) with The African School of Economics (ASE), located in Benin.
The aim of this agreement is to develop an academic partnership whereby both parties are engaged in collaborative research and training initiatives. Through this agreement, established by Prof. Luis Ravina, NCID's Founder and Director and Prof. Leonard Wantchekon, ASE's Founder and President, both institutions seek to explore the possibility of faculty exchange for the purpose of resear...
Ambassador Jaime de Bourbon de Parme in NCID's Weekly Seminar series. Pictured in the atrium of the ICS.
“Minerals do not cause conflict. However, they serve as the fuel that ignites them,†was Prince Jaime de Bourbon Parme’s response to one of the questions he was asked during his conference at the Navarra Center for International Development on natural resources, presently one of the most important factors considered when analyzing international conflicts. Despite his youth, the Prince has extensive experience in diplomacy. His work has taken him to various c...