This article investigates the potential of nonlinear causal relationships between world oil prices and stock markets in Middle East and North Africa (MENA) countries during a black swan period that is characterized by rarity and devastating impacts. Our study is carried out using the daily data...

Employing a panel data modelling technique, we contribute to two critical research issues: what is the link between Foreign Direct Investment (FDI) and economic growth and does the relationship change under different educational, institutional and economic conditions? Overall, the analysis...

This article makes an exploratory empirical investigation into the relationship between net private capital flows and economic growth using a panel dataset from emerging Asian countries, namely South Korea, Indonesia, Malaysia, Thailand and the Philippines, over the period 1980-2001. Overall,...