Analysis of performance of any economy involves the measurement and correlation of three basic elements: the rate of economic growth, the rate of inflation and unemployment rate. When the rate of growth (rate of real GDP) is high, the production of goods and services is growing and therefore...

There are some factors that influence the link between the effect of Structural finds on economic growth and the national characteristics of member states and/or recipient regions. The study tries to catch these aspects, also presenting an EU funds implementation model. Moreover, it reveals the...

This paper examines the relationship between capital market development and Nigeria’s economic growth using data covering the range of 1981 to 2010 using a Johansen Cointegration technique to test for long run relationship among the variables under study. The empirical findings from the...

The current global drive towards devolution of financial resources and responsibilities has been increasingly justified on the basis that greater transfers of these financial resources and responsibilities to sub-central governments are theoretically expected to deliver greater economic...

This study seeks to examine the role of financial intermediaries and to find out whether financial intermediaries impact on economic growth in Nigeria. The study adopts the Harrod-Domar growth model which states that economic growth will proceed at the rate which society can mobilize domestic...

The purpose of this paper is to examine the effects of capital market and fiscal policy influences in determining the nexus of economic growth in Pakistan from July 2003 to July 2012. The authors utilize ADF unit root test, Johansen Cointegration test, VECM test, Granger causality test and...

The purpose of this paper is to examine the role of Foreign Direct Investment (FDI) in economic development through the development of the country that has the potential sectors. The effect of technology in these sectors had risen sector and area that until then had remained neglected. The paper...

The process of globalization has positives as well as negative impacts on any society, which differ from country to country. The negative effects can be countered by adopting the policies that contribute in economic development. This study attempts to review the nature of relationship between...

After the Great Union of 1918, Somes County, one of the seven counties in the Somes Zone, Zone situated in north-western Transylvania, passed through different stages of economic development. It knew the recovery phase, followed by the reconstruction phase, it underwent the crisis and, finally,...

This paper seeks to critically investigate the impact of small and medium enterprises as a veritable tool on Economic Growth. A survey method was used to gather data from 200 SME/Entrepreneurial officers and Managers from five selected local government in Nigeria. Data was collected with a...