Eric Werker

Professor, Strategy / International Business / Business and Society

William Saywell Professor in International Business

Segal

Room: SGL 4915

Phone: 778.782.7725

Email: ewerker@sfu.ca

Curriculum Vitae: View

Credentials

PhD (Harvard University), A.B. (Harvard University)

Biography

Eric Werker is the William Saywell Professor at the Beedie School of Business at Simon Fraser University. Eric researches how countries can build more thriving and inclusive private sectors and how external actors influence economic and political outcomes. He has written on private sector development, the interface between investments and community, economic diversification, foreign aid, non-governmental organizations, inter-governmental organizations, refugees, and Ebola. Eric teaches about strategy, policy, and global economics to MBAs and executives and has authored numerous case studies on companies and countries around the world.

Eric's recent publications (most available for free downloads) on political economy and private sector development include a 2018 Oxford University Press book, Deals and Development (joint with Lant Pritchett and Kunal Sen, on the political economy of private sector development and economic growth), a 2018 article in World Development (joint with Dan Schwab, on how economic rents hinder growth in developing countries), and the December 2016 Harvard Business Review cover article (joint with Aldo Musacchio, on how companies can navigate frontier economies; see this concise guide here). Recent publications on natural resource-led development and community benefit agreements include a 2021 article in World Development (joint with Eric Adebayo and Addisu Lashitew, on resource project taxation), 2021 article in Energy Policy (joint with Cameron Gunton and Sean Markey, looking at subsidies to the LNG sector in British Columbia), a 2021 article in Resources Policy (joint with Eric Adebayo, valuing community benefit agreements), a 2021 article in Resources Policy (joint with Sam Szoke-Burke, examining community benefit agreements as multistakeholder institutions), a 2021 article in the World Bank Research Observer (joint with Addisu Lashitew and Michael Ross, on what drives economic diversification), a 2020 article in Resouce and Energy Economics (joint with Addisu Lashitew, cutting through the resource curse literature), a 2019 article in Extractive Industries and Society (joint with Delgermaa Boldbaatar and Nadia Kunz, on how contract disclosure can improve resource governance), and a 2018 policy report (joint with Ben Boakye, Maggie Cascadden, Jordon Kuschminder, and Sam Szoke-Burke, on a community benefit agreement in Ghana). Eric also has recent papers in two areas of longstanding interest: international political economy, with a 2021 Journal of Comparative Economics article (joint with Faisal Ahmed and Dan Schwab, on the impact of cross-border transfers on democratization and civil war) and a 2019 article in Review of International Organizations (joint with Paul Novosad, measuring the contribution of different countries in staffing the United Nations), and Liberia, with 2019 article in Economic Development and Cultural Change (with John Spray, on the surprising impact of price controls).

Outside of academia, Eric is a nonresident fellow at the Center for Global Development in Washington, an advisor to the Liberia program of the International Growth Centre in London, and a nonresident senior research fellow at the United Nations University WIDER in Helsinki. He was a member of the Emerging Economy Task Force of the Province of British Columbia, chaired the the academic directorate of the Canadian International Resources and Development Institute, set up and directed the International Growth Centre’s Liberia program, served as economic advisor to the President of Liberia, supported host government teams negotiating concession agreements, was a member of the Centre for International Policy Studies study group on Canada’s sustainable development policy, consulted to the NGO Conservation International on low-carbon development and to the US Government’s Millennium Challenge Corporation on foreign aid projects, and worked with the Refugee Law Project in Uganda.  

Eric grew up in Vancouver, earned his A.B. and Ph.D in economics at Harvard, and then spent nearly a decade on the faculty of Harvard Business School before returning home. In his spare time Eric can be found spending time with family, skiing, paddling, climbing, and biking. He lives in Kitsilano with his wife and two kids.

Selected Publications

articles and reports

Gunton, T., Werker, E., & Markey, S. (2021). Community benefit agreements and natural resource development: Achieving better outcomes. Resources Policy, 73. http://doi.org/10.1016/j.resourpol.2021.102155

Adebayo, E., Lashitew, A. A., & Werker, E. (2021). Is conventional wisdom about resource taxation correct? Mining evidence from transparency reporting. World Development, 146(October), 1-14. http://doi.org/10.1016/j.worlddev.2021.105597

Ahmed, F. Z., Schwab, D., & Werker, E. (2021). The political transfer problem: How cross-border financial windfalls affect democracy and civil war. http://doi.org/10.1016/j.jce.2020.10.004

Lashitew, A., Ross, M., & Werker, E. (2021). What Drives Successful Economic Diversification in Resource-Rich Countries? World Bank Research Observer, 36(2), 164-196. http://doi.org/10.1093/wbro/lkaa001

Werker, E., & Sen, K. (2021). Deals and Development in Fragile and Conflict-Affected States. United Nations University World Institute for Development Economics Research.

Gunton, C., Markey, S., & Werker, E. (2021). Evaluating British Columbia's economic policies for liquefied natural gas development. Energy Policy. http://doi.org/10.1016/j.enpol.2020.111711

Lashitew, A. A., & Werker, E. (2020). Do natural resources help or hinder development? Resource abundance, dependence, and the role of institutions. Resource and Energy Economics, 61. http://doi.org/10.1016/j.reseneeco.2020.101183

Siaplay, M., & Werker, E. (2020, April). An Epidemic and a Commodity Price Rout at the Same Time? It Happened in 2014. Center for Global Development.

Lashitew, A., Ross, M., & Werker, E. (2020). Online Appendix for: What Drives Successful Economic Diversification in Resource-Rich Countries? Manchester, United Kingdom: Global Development Institute.

Evans, D., & Werker, E. (2020, March). What a Population's Age Structure Means for COVID-19's Impact in Low-Income Countries. Center for Global Development.

Kinloch, K., Werker, E., & Contributors, T. O. (2020). Emerging Economy Task Force: Final Report. Victoria, British Columbia, Canada: Province of British Columbia.

Boldbaatar, D., Kunz, N. C., & Werker, E. (2019). Improved resource governance through transparency: Evidence from Mongolia. Extractive Industries and Society, 6(3), 775-787. http://doi.org/10.1016/j.exis.2018.12.007

Spray, J., & Werker, E. (2019). Price controls in liberia. Economic Development and Cultural Change, 67(3), 461-491. http://doi.org/10.1086/698327

Boakye, B., Cascadden, M., Kuschminder, J., Szoke-Burke, S., & Werker, E. (2018). Implementing the Ahafo benefit agreements: seeking meaningful participation at Newmont's Ahafo gold mine in Ghana. Vancouver, British Columbia, Canada: Canadian International Resources and Development Institute.

Bowles, J., Hjort, J., Melvin, T., & Werker, E. (2016). Ebola, jobs and economic activity in Liberia. Journal of Epidemiology and Community Health, 70(3), 271-277. http://doi.org/10.1136/jech-2015-205959

Musacchio, A., & Werker, E. (2016, January). Mapping frontier economies. Harvard Business Review, 2016(December).

Biggs, M., McArthur, J. W., Higgins, K., Moloney, D., Werker, E., & Sanchez, J. (2015). Towards 2030: Building Canada's engagement with global sustainable development. Ottawa, Ontario, Canada: Centre for International Policy Studies.

Glennerster, R., & Werker, E. (2015, July). The economics of Ebola. LSE Connect, 11-13.

Ahmed, F. Z., & Werker, E. D. (2015). Aid and the rise and fall of conflict in the Muslim world. Quarterly Journal of Political Science, 10(2), 155-186. http://doi.org/10.1561/100.00014060

Werker, E. (2013, December). A market-based mechanism to improve capital expenditures. Ideas for Africa.

Dreher, A., Klasen, S., Vreeland, J. R., & Werker, E. (2013). The costs of favoritism: Is politically driven aid less effective? Economic Development and Cultural Change, 62(1), 157-191. http://doi.org/10.1086/671711

Ding, S., Wyett, K., & Werker, E. (2012). South Sudan: The birth of an economy. Innovations (Cambridge): Technology, Governance, Globalization, 7(1), 73-90.

Werker, E., Cole, S. A., & Healy, A. (2012, November). Natural disasters hurt incumbents. Politico.

Cole, S., Healy, A., & Werker, E. (2012). Do voters demand responsive governments? Evidence from Indian disaster relief. Journal of Development Economics, 97(2), 167-181. http://doi.org/10.1016/j.jdeveco.2011.05.005

Fisman, R., & Werker, E. (2011). Innovations in governance. Innovation Policy and the Economy, 11, 79-102. http://doi.org/10.1086/655819

Werker, E. (2010). Disaster politics: International politics and relief efforts. Harvard International Review (Website).

Kaja, A., & Werker, E. (2010). Corporate governance at the World Bank and the dilemma of global governance. World Bank Economic Review, 24(2), 171-198. http://doi.org/10.1093/wber/lhq006

Werker, E., & Fisman, R. (2009, October). The end of foreign investment in Russia? Forbes.

Werker, E., Ahmed, F. Z., & Cohen, C. (2009). How is foreign aid spent? Evidence from a natural experiment. American Economic Journal: Macroeconomics, 1(2), 225-244. http://doi.org/10.1257/mac.1.2.225

Werker, E. (2009, March). How globalization's losers win. www.TheAtlantic.com.

Cohen, C., & Werker, E. D. (2008). The political economy of "natural" disasters. Journal of Conflict Resolution, 52(6), 795-819. http://doi.org/10.1177/0022002708322157

Werker, E. (2008, November). Power to the people. Foreign Policy, 78-79.

Muzinich, J., & Werker, E. (2008). A better approach to foreign aid. Policy Review, 19-28.

Werker, E., & Ahmed, F. Z. (2008). What do nongovernmental organizations do? Journal of Economic Perspectives, 22(2), 73-92. http://doi.org/10.1257/jep.22.2.73

Werker, E. (2007). Refugee camp economies. Journal of Refugee Studies, 20(3), 461-480. http://doi.org/10.1093/jrs/fem001

Werker, E. (2007, March). KPMG for Mayor! Forbes, 179(6), 40.

Fisman, R., & Werker, E. (2007). Local Company Politics. Capitalism and Society, 2(1), 1-8. http://doi.org/10.2202/1932-0213.1021

books chapters and monographs

Pritchett, L., Sen, K., Werker, E., & Werker, E. (2017). Deals and development: An introduction to the conceptual framework. In Pritchett, L., & Sen, K. (Eds.), Deals and Development: The Political Dynamics of Growth Episodes (pp. 1-38). Oxford, Oxfordshire, United Kingdom: Oxford University Press. http://doi.org/10.1093/oso/9780198801641.003.0001

Pritchett, L., Sen, K., Werker, E., & Werker, E. (2017). Searching for a 'recipe' for episodic development. In Pritchett, L., & Sen, K. (Eds.), Deals and Development: The Political Dynamics of Growth Episodes (pp. 339-354). Oxford, Oxfordshire, United Kingdom: Oxford University Press. http://doi.org/10.1093/oso/9780198801641.003.0011

Werker, E., Werker, E., & Pritchett, L. (2017). Deals and development in a resource-dependent, Fragile State: The political economy of growth in Liberia, 1960-2014. In Pritchett, L., & Sen, K. (Eds.), Deals and Development: The Political Dynamics of Growth Episodes (pp. 39-70). Oxford, Oxfordshire, United Kingdom: Oxford University Press. http://doi.org/10.1093/oso/9780198801641.003.0002

Pritchett, L., Sen, K., Werker, E., & Werker, E. (Ed.). (2017). Deals and development: The political dynamics of growth episodes. Oxford, Oxfordshire, United Kingdom: Oxford University Press. ISBN:9780198801641, 9780198801641, 9780198801641, 9780198801641. http://doi.org/10.1093/oso/9780198801641.001.0001

Donovan, J., Lawrence, K., Neyor, C., Niesten, E., & Werker, E. (2013). Assessing potential carbon revenues from reduced forest cover loss in Liberia. In Revesz, R. L., Livermore, M. A., Livermore, M. A., & Revesz, R. L. (Eds.), The Globalization of Cost-Benefit Analysis in Environmental Policy (pp. 293-304). Oxford, Oxfordshire, United Kingdom: Oxford University Press. http://doi.org/10.1093/acprof:oso/9780199934386.003.0019

Werker, E., Ahmed, F., & Cohen, C. (2013). How is foreign aid spent? Evidence from a natural experiment. In Millner, H. V., Tingley, D., Milner, H. V., & Tingley, D. (Eds.), Geopolitics of Foreign Aid. Cheltenham, United Kingdom: Edward Elgar Publishing (UK).

Werker, E. (2012). The Political Economy of Bilateral Foreign Aid. In Caprio, G., & Caprio Jr., G. (Eds.), Handbook of Safeguarding Global Financial Stability (pp. 47-58). Oxford, United Kingdom: Elsevier Ltd (UK).

Werker, E. (2008). Weak states can be coaxed creatively. In Clark, C., & Kinsley, M. (Eds.), Creative Capitalism: A Conversation with Bill Gates, Warren Buffett, and other Economic Leaders. New York, New York, United States: Simon & Schuster.

Related Teaching Material

Dalaibuyan, B., Lord Ferguson, S. T., & Werker, E. (2021). Rio Tinto and Omnogovi: A Community Cooperation Agreement. London, Ontario, Canada: Ivey Publishing. Case ID:Ivey ID: 9B20M005_P.

Reinert, S., Nam, S., Pan, S., & Werker, E. (2018). ArcelorMittal and the Ebola Outbreak in Liberia. Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS Case No. 718029.

Applegate, L., Werker, E., Otazo, A., & Peinado, C. (2016). Movile: Building a global technology company. Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS Case No. 716-010.

Werker, E., & Law, M. H. K. (2015). Hong Kong: The pursuit of freedom. Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS 716-027.

Werker, E., Batbold, B., Kennedy, K., McComish, Z., Savla, S., & Shomair, N. (2015). Rio Tinto and mining in Mongolia: The Oyu Tolgoi deposit. Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS 714-018.

Werker, E., Berardi, S., Elia, S., Muakkassa, O., & Zumberge, J. (2015). Cyprus (A). Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS 714-010.

Werker, E., & Cornell, I. (2014). Foreign Direct Investment and South Africa (B). Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS Supplement No. 712-054.

Werker, E., Berardi, S., Elia, S., Muakkassa, O., & Zumberge, J. (2013). Cyprus (B). Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:714011-PDF-ENG.

Werker, E., Berardi, S., Elia, S., Muakkassa, O., & Zumberge, J. (2013). Tax Havens. Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS 713-090.

Werker, E., Mandviwala, Y., Motte-Munoz, H., & Wit, A. (2013). Ayala Corporation and the Philippines: Asset allocation in a growing economy (A). Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS 713-093.

Werker, E., Mandviwala, Y., Motte-Munoz, H., & Wit, A. (2013). Ayala Corporation and the Philippines: Asset allocation in a growing economy (B). Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS 713-094.

Rithmire, M., Werker, E., Kennedy, B., & Knauer, A. (2013). Pittsburgh. Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS 713-035.

Werker, E. (2013). MYTO New Entrant IPP. Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS Spreadsheet Supplement 713-703.

Werker, E. (2012). 4M: Four-Markets Analysis for Emerging Economies. Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS Technical Note 713-026.

Werker, E., & Musacchio, A. (2012). GEM 15: Country development strategies in 15 statistics. Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS Technical Note 713-025.

Werker, E., Ezekwueche, O., Igun, O., & Wei, A. (2012). Privatization of the power sector in Nigeria (A). Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:713042-PDF-ENG.

Werker, E., Ezekwueche, O., & Igun, O. (2012). Privatization of the power sector in Nigeria (B). Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:713043-PDF-ENG.

Werker, E. (2012). Liberia (TN). Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS Teaching Note 713-001.

Werker, E., Fisman, R., & Weber, L. (2012). Hermitage's Russia Quandary (A). Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS No. 711-054.

Roscini, D., Werker, E., & Yeo, H. (2012). The Kaesong Industrial Complex (B): Global Manufactures GmBH's Dilemma. Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS Supplement No. 710-023.

Werker, E., & Beganovic, J. (2011). Liberia. Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS No. 712-011.

Werker, E., Fisman, R., & Weber, L. (2011). Hermitage's Russia Quandary (B). Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBS Supplement: 711-055.

Werker, E., Musacchio, A., & Schlefer, J. (2010). Angola and the resource curse. Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:711016-PDF-ENG.

Roscini, D., Werker, E., & Yeo, H. (2009). The Kaesong Industrial Complex (A). Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBR 710-022.

Weinzierl, M., & Werker, E. (2009). Barack Obama and the Bush Tax Cuts. Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:HBR 709-037.

Mikes, A., Tufano, P., Werker, E., & de Neve, J. E. (2009). The World Food programme during the global food crisis (B). Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:709052-PDF-ENG.

Mikes, A., Tufano, P., Werker, E., & de Neve, J. E. (2009). The World Food Programme During the Global Food Crisis (A). Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:Harvard Business School Case 709-024.

Alfaro, L., Werker, E., & Kim, R. (2007). Aid, Debt Relief, and Trade: An Agenda for Fighting World Poverty (A). Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:Harvard Business School Case 707-029.

Alfaro, L., Werker, E., & Kim, R. (2007). Aid, Debt Relief, and Trade: An Agenda for Fighting World Poverty (B). Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:Harvard Business School Supplement 707-040.

Werker, E. (2007). Foreign Direct Investment and South Africa. Boston, Massachusetts, United States: Harvard Business School Publishing. Case ID:Harvard Business School Case 707-019.