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Keefer, Philip

Philip Keefer is Research Director at the World Bank Development Research Group

Areas of Interest:

  • Political incentives and economic development
  • Impact of insecure property rights on economic growth
  • Governance and economics


  • Ph.D. (Economics) 1991, Washington University, St. Louis

Experience:  Philip Keefer holds the position of Research Director at the World Bank Development Research Group. He received his PhD from Washington University (St. Louis, Missouri, USA). Dr. Keefer’s work focuses on the interactions between institutions, political economy and economic development. His research has included the impact of insecure property rights on economic growth, the effect of political credibility on the economic policy decisions of governments, and the sources of political credibility in democracy and in autocracy. He has published in various journals of economics and political science including the Quarterly Journal of Economics and the American Review of Political Science. Philip Keefer is ranked among the top 5% of economists based on the number of citations of his work, according to the IDEAS bibliographic database of the Research Papers in Economics (RePEc) network.

Latest Publications:

  • “The ethnicity distraction ? political credibility and partisan preferences in Africa," Policy Research Working Paper Series 5236, The World Bank. (2010)
  • “Terrorism, economic development, and political openness” (with Norman Loayza) Cambridge University Press, (2008)


World Bank, Development Research Group


Knack, Stephen

Stephen Knack is a Lead Economist in the World Bank's  Research Department and Public...

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