Measuring market integration in fragile states
A consistent problem in understanding the politics and economics of fragile states is the lack of good data. Yet micro-data on commodity prices and exchange rates in different markets are often available.
Movement and co-movement of prices in different parts of a country can measure the degree of market integration, as well as state capacity and institutional strength across territory during distressed and relatively stable times, thus providing a backdoor avenue for understanding events within otherwise opaque countries.
In this workshop, we present and discuss initial results in this project using data from Somalia and North Korea.
Speakers:
- Dr Steven Oliver (Yale-NUS College)
- A/Prof Bridget Coggins (University of California, Santa Barbara)
- Dr. David Ubilava (School of Economics, University of Sydney)
- A/Prof Andrey Vasnev (Sydney Business School)
- A/Prof Sarah Phillips (Department of Government and International Relations, University of Sydney)
- A/Prof Justin Hastings (Department of Government and International Relations, University of Sydney)
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