We use new, detailed oil data and an event-study design to analyze political change in 36 oil-producing countries that experienced at least 10 years of declining production. We find that when their production starts to decline, they become significantly more democratic, relative to both the overall ...

While previous studies have found a positive relationship between the reliability of power and firm growth, we find that such a clear relationship seems not to prevail. In other words, some firms are able to cope with an unreliable supply of power while many others do not.

Kenya’s rapid electrification in the past decade has improved the lives of millions, but significant challenges remain. This paper provides analysis that shows electrification can be improved by considering cheaper options that still meet the needs of low consumers and that low consumption is ...

The United States government has made repeated declarations over the last decade to align its assistance programs behind developing countries’ priorities. By utilizing public attitude surveys for 42 African and Latin American countries, this paper examines how well the US has implemented this ...

The paper proposes a new narrative on climate equity that emphasize basic energy needs and the equality of access to energy opportunities rather than emissions. It advocates abandoning the setting of emissions targets and instead developing a framework where all countries contribute to maximizing te...