politically connected firms
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How political connections shape Mozambique’s private sector
Political elites don’t just govern, many also own businesses. In Mozambique, public office is often converted into private business capital, highlighting how political power can be a direct route to economic influence, both for office holders and the...
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Can local ownership solve the resource curse in weak states? Evidence from Nigerian oil
Oil multinationals in Nigeria divesting their onshore assets to local firms resulted in substantial improvements in output and declines in oil theft and violence, driven by politically connected firms