Nauro Campos


Professor Campos received his PhD from the University of Southern California in 1997. Since 2005, he is Professor of Economics and Finance at Brunel University (London). He is currently seconded to the Office of the Chief Economist of the UK’s Department for International Development as a Senior Economics Advisor. Previously he was a Reader and Lecturer (Associate and tenured Assistant Professor, respectively) at the University of Newcastle and Assistant Professor at CERGE-EI (Prague). He has held visiting research and teaching posts at Johns Hopkins (Fulbright Fellow), Michigan, The World Bank (Robert McNamara Fellow), IMF, USC, UCL, Bonn, Central Bank of Finland (BOFIT), European Commission, and Oxford (CBS Fellow).


  • PhD University of Southern California, Los Angeles
  • MSc UFRJ
  • BSc UFRJ

Research area(s)

  • Economic growth
  • Political economy
  • Finance
  • Labour economics

Membership and affiliation

  • External examiner, MSc in Economics, Development and Finance at Sussex University
  • Visiting Professor at the University of Paris 1 (Sorbonne)
  • Research Professor at the Swiss Institute of Technology (ETH, Zürich)
  • Research Fellow at IZA Bonn
  • Research Fellow of the William Davidson Institute (University of Michigan, Ann Arbor)


Research interests

Prof Campos’ research interests are in the areas of economic growth, political economy, financial liberalization and labour economics. He is a member of the Brunel Macroeconomics Research Centre (BMRC) and Centre for Economic Development and Institutions (CEDI).

Research project(s) and grant(s)

Labour market regulations
Nauro Campos (PI)

Time-series historical analysis of economic growth
Nauro Campos (PI)



Network on the Brazilian Economy
2010 - 2012
Nauro Campos (PI)



Research supervision

Abdullah Al-Sakran: Export diversification in Saudi Arabia; 2010 -

Selected Publications

Journal articles

Campos, NF.  and Coricelli, F.   (Accepted)   '"EU Membership, Mrs Thatcher's Reforms and the British Relative Economic Decline"'. Comparative Economic StudiesDownload publication 

Campos, NF.   (Accepted)   'Political institutions, lobbying and corruption'. Journal of Institutional EconomicsDownload publication 

Campos, NF.   (2016)   'The Future of European Growth Policies: Resetting Integration'. Intereconomics, 51 (6).  pp. 348 - 352. doi: 10.1007/s10272-016-0633-8 

Campos, NF. , Dimova, R.  and Saleh, A.   (2016)   'Corruption and Economic Growth: An Econometric Survey of the Evidence'. JOURNAL OF INSTITUTIONAL AND THEORETICAL ECONOMICS-ZEITSCHRIFT FUR DIE GESAMTE STAATSWISSENSCHAFT, 172 (3).  pp. 521 - 543. doi: 10.1628/093245616X14616712130543 Download publication 

Macchiarelli, C.  and Campos, N.   (2016)   'Core and Periphery in the European Monetary Union: Bayoumi and Eichengreen 25 Years Later'. Economics LettersDownload publication 

Campos, NF. , Karanasos, MG.  and Tan, B.   (2016)   'From Riches to Rags, and Back? Institutional Change, Financial Development and Economic Growth in Argentina since 1890'. JOURNAL OF DEVELOPMENT STUDIES, 52 (2).  pp. 206 - 223. doi: 10.1080/00220388.2015.1060317 

Campos, NF.  and Gassebner, M.   (2013)   'International terrorism, domestic political instability, and the escalation effect'. Economics & Politics, 25 (1).  pp. 27 - 47. doi: 10.1111/ecpo.12002 

Campos, NF. , Karanasos, MG.  and Tan, B.   (2012)   'Two to tangle: Financial development, political instability and economic growth in Argentina'. Journal of Banking and Finance, 36 (1).  pp. 290 - 304. doi: 10.1016/j.jbankfin.2011.07.011 

Campos, NF.  and Coricelli, F.   (2012)   'Financial liberalization and reversals: Political and economic determinants'. Economic Policy, 27 (71).  pp. 483 - 513. doi: 10.1111/j.1468-0327.2012.00288.x 

Campos, NF.  and Horvath, R.   (2012)   'On the reversibility of structural reforms'. Economics Letters, 117 (1).  pp. 217 - 219. doi: 10.1016/j.econlet.2012.04.102 

Campos, NF.  and Horvath, R.   (2012)   'Reform redux: Measurement, determinants and growth implications'. EUROPEAN JOURNAL OF POLITICAL ECONOMY, 28 (2).  pp. 227 - 237. doi: 10.1016/j.ejpoleco.2011.12.002 

Campos, NF. , Karanasos, MG.  and Tan, B.   (2011)   'Two to tangle: Financial development, political instability and economic growth in Argentina'. Journal of Banking and Finance

Babecký, J.  and Campos, NF.   (2011)   'Does reform work? An econometric survey of the reform-growth puzzle'. Journal of Comparative Economics, 39 (2).  pp. 140 - 158. doi: 10.1016/j.jce.2010.11.001 

Campos, NF. , Saleh, A.  and Kuzeyev, V.   (2011)   'Dynamic ethnic fractionalization and economic growth'. JOURNAL OF INTERNATIONAL TRADE & ECONOMIC DEVELOPMENT, 20 (2).  pp. 129 - 152. doi: 10.1080/09638199.2011.538218 

Babecky, J.  and Campos, NF.   (2011)   'Does reform work? An econometric survey of the reform-growth puzzle'. JOURNAL OF COMPARATIVE ECONOMICS, 39 (2).  pp. 140 - 158. doi: 10.1016/j.jce.2010.11.001 

Campos, NF. , Hsiao, C.  and Nugent, JB.   (2010)   'Crises, What Crises? New Evidence on the Relative Roles of Political and Economic Crises in Begetting Reforms'. JOURNAL OF DEVELOPMENT STUDIES, 46 (10).  pp. 1670 - 1691. doi: 10.1080/00220388.2010.492865 

Campos, NF.  and Kinoshita, Y.   (2010)   'Structural Reforms, Financial Liberalization, and Foreign Direct Investment'. IMF STAFF PAPERS, 57 (2).  pp. 326 - 365. doi: 10.1057/imfsp.2009.17 

Campos, NF.  and Barbosa, RL.   (2009)   'Paintings and numbers: an econometric investigation of sales rates, prices, and returns in Latin American art auctions'. Oxford Economic Papers, 61 (1).  pp. 28 - 51. doi: 10.1093/oep/gpn020 

Campos, NF.  and Dabušinskas, A.   (2009)   'So many rocket scientists, so few marketing clerks: Estimating the effects of economic reform on occupational mobility in Estonia'. European Journal of Political Economy, 25 (2).  pp. 261 - 275. doi: 10.1016/j.ejpoleco.2008.12.001 

Campos, NF.  and Karanasos, MG.   (2008)   'Growth, volatility and political instability: Non-linear time-series evidence for Argentina, 1896-2000'. Economics Letters, 100 (1).  pp. 135 - 137. doi: 10.1016/j.econlet.2007.12.013 

Estrin, S.  and Campos, NF.   (2007)   'Entry and barriers to entry in emerging markets'. Economic Systems, 31 (4).  pp. 343 - 345. doi: 10.1016/j.ecosys.2007.09.001 

Campos, NF.  and Iootty, M.   (2007)   'Institutional barriers to firm entry and exit: Case-study evidence from the Brazilian textiles and electronics industries'. Economic Systems, 31 (4).  pp. 346 - 363. doi: 10.1016/j.ecosys.2007.08.001 

Campos, N.  and Jolliffe, D.   (2007)   'Earnings, schooling and economic reform: Econometric evidence from Hungary (1986-2004)'. The World Bank Economic Review, 21 (3).  pp. 509 - 526. doi: 10.1093/wber/lhm012 

Beirne, J.  and Campos, NF.   (2007)   'Educational inputs and outcomes before the transition from communism'. Economics of Transition, 15 (1).  pp. 57 - 76. doi: 10.1111/j.1468-0351.2007.00279.x 

Campos, NF.  and Giovannoni, F.   (2007)   'Lobbying, corruption and political influence'. Public Choice, 131 (1-2).  pp. 1 - 21. doi: 10.1007/s11127-006-9102-4 

Campos, NF.  and Kuzeyev, VS.   (2007)   'On the dynamics of ethnic fractionalization'. American Journal of Political Science, 51 (3).  pp. 620 - 639. doi: 10.1111/j.1540-5907.2007.00271.x 

Campos, NF.   (2006)   'Never at noon: On the nature and causes of the transition shadow'. Revue d'Etudes Comparatives Est-Ouest, 37 (1).  pp. 165 - 192. 

Campos, NF.   (2006)   'Jamais à midi: sur la nature et les causes de l'economie informel dans la transition'. Revue D'études Comparatives Est-Ouest, 37 (1).  pp. 165. 

Campos, NF.  and Giovannoni, F.   (2006)   'The determinants of asset stripping: theory and evidence from the transition economies'. Journal of Law and Economics, 49 (2).  pp. 681 - 706. doi: 10.1086/505370 

Jolliffe, D.  and Campos, NF.   (2005)   'Does market liberalisation reduce gender discrimination? Econometric evidence from Hungary, 1986-1998'. Labour Economics, 12 (1).  pp. 1 - 22. doi: 10.1016/j.labeco.2003.12.003 

Campos, NF.  and Coricelli, F.   (2002)   'Growth in transition: what we know, what we don't, and what we should'. Journal of Economic Literature, 40 (3).  pp. 793 - 836. doi: 10.1257/002205102760273797 

Book chapters

Campos, NF.  (2010)   'The relative impact of the regulatory framework on the diffusion of ICT: Evidence from Latin America, 1989-2004', in Innovation and Economic Development: The Impact of Information and Communication Technologies in Latin America.  pp. 237 - 262. 

Scholarly Editions

Campos, NF.  and Kinoshita, Y.   (Accepted) Financial liberalization, foreign direct investment and structural reforms.  IMF Staff Papers 

Bruszt, L. , Campos, NF. , Fidrmuc, J.  and Roland, G.   (Accepted) Civil Society, Institutional Change and the Politics of Reform: The Great Transition.   

Page last updated: Thursday 23 April 2015