Fragile states are particularly vulnerable to adverse economic shocks and in need of international support. Through constructive collaboration with international partners, however, fragile state governments can successfully pursue ambitious reform agendas for the short and long run. SITE and MISUM (Mistra Center for Sustainable Markets) invited the Minister of Finance of the Federal Republic of Somalia, Dr. Abdirahman Dualeh Beileh, and the Swedish ambassador to Somalia, Staffan Tillander, to discuss the role of international partnership in the recent development of economic reforms in Somalia.

New research finds that female founders of entrepreneurial ventures raise significantly more funding when catering to female-dominated industries. Effectively, this means that men are afforded credibility across a broad range of industries, while women are confined to a less lucrative subset of the labor market.

Vinnova continues its long-term support in financial market research in Sweden and has decided to allocate SEK 100 million over the coming five-year period to the Swedish House of Finance at the Stockholm School of Economics.

Business success, especially for entrepreneurs who are just starting out, is often measured in terms of new venture growth. Unfortunately, this kind of growth can be hard to achieve for entrepreneurs who don’t have access to many resources.

How important are remittances from migrant workers for the economies of low-income countries? And how does international legislation to prevent illicit financial flows affect the ability to send such remittances?

Many daughters and sons growing up in a successful family business and who have their own entrepreneurial ideas struggle to become autonomous from the family’s business. Most research tends to examine how younger, next generation family members build their careers by engaging in internal venturing as a way of growing their existing family business. What is lacking here is research that looks at the ways in which these daughters and sons rely on external venturing, that is, to start their own business outside the existing family business, to achieve greater autonomy and pursue their independent business ideas.

The way that new ventures are financed is very important. It has substantial implications for a company’s survival, growth, and performance. For this reason, a lot of research exists that examines what explains startups’ choices of financing sources, typically drawing on rational economic theories such as pecking order or trade off theories.

Working paper: Whistleblower reward programs, or “bounty regimes”, are increasingly used in the United States. According to Professor Spagnolo and his co-auhtor, the effectiveness of these programs has been questioned, and empirical evidence on their effectiveness have been scarce likely due to their relatively recent introduction.

Working paper: This paper looks at economic growth and its fundamental determinants in Russia over the last decades. It starts by showing that, contrary to the views of some political commentators, growth is highly important for the popularity of president Putin.

Working paper: This paper looks at how the Russian economy has developed under the leadership of Putin and how it spills over to its neighbours in the CIS region.