Using augmented Solow framework within the modern growth paradigm, we explore the contribution from agriculture, manufacturing and services sectors vis-à-vis per worker income in Fiji. Noting the highest contributory power from services sector, we unpack this sector into financial development,...

We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the paper’s motivating evidence we also...

Australia is experiencing its largest mining boom for more than a century and a half. This paper explores, from a national perspective, important economic differences that arise when a mining boom, such as the current one, is generated by sustained export price increases (trading gains) rather...

Although it has been recognised that foreign direct investment (FDI), exports, and education are important ingredients in economic development, not much research has been carried out in developing countries to determine the effects of these three variables, taken together, on economic growth....

In spite of the fact that their ageing populations, low birth rates, and resentment to take low paid jobs make developed countries more and more reliant on guest workers and migrants, many people in the rich world are still unconvinced about the necessity and long-term benefits of immigration,...

This paper is an attempt to study the role that stable economic, financial, and political environments play in economic growth. It employs a modified version of the new growth model as developed by Barro (1997) in a sample of 80 developing countries. Unlike previous studies, the paper...

Willingness to take risk is an important characteristic of entrepreneurship and a crucial factor for economic growth. Data show that compared to their US counterparts, people in Europe, and even more so in Eastern Europe, are less willing to undertake the risk of building their own business. The...