We use a new dataset on non-resource GDP to examine the performance of commodity-exporting countries in terms of macroeconomic stability and economic growth in a panel of up to 129 countries during the period 1970-2007. Our main findings are threefold. First, we find that overall government...

This paper takes stock of the economic performance of resource rich countries in the Middle East and North Africa (MENA) over the past forty years. While those countries have maintained high levels of income per capita, they have performed poorly when going beyond the assessment based on...

We use a new dataset on non-resource GDP to examine the impact of commodity price volatility on economic growth in a panel of up to 158 countries during the period 1970-2007. Our main finding is that commodity price volatility leads to a significant increase in non-resource GDP growth in...

1. The Source and Evolution of Growth -- 2. Modern Growth Theory Arguments -- 3. Growth Prototypes and Economic Policy -- 4. Economic Policy Formation and Decision Making -- 5. The Determinants of Economic Policy Formation -- 6. Targets, Instruments and Policy Implementation -- 7. Institutional...

1. Policies for Immediate Action and Medium-Term Policies -- 2. Sustainability Policies -- 3. Policies for Sustainable Governance -- 4. Policies for Enhanced Inclusivity -- 5. Policies for Pro-Growth Social Behavior -- 6. Policies for Dynamic Economic Growth: Medium- and Long-Term Policies -- 7....

1. The Methodological Puzzle -- 2. Introduction to General and Integrated Development and Growth -- 3. Economic Action, Cultural Background and Institutions -- 4. Complex Economic Systems, Information and Forms of Capitalism -- 5. Politics and Governance -- 6. Uncertainty -- 7. Expectations --...

1. A Brief Economic History of Repeated Defaults -- 2. The Institutional Evolution and the Failed Modernizing Attempts -- 3. The Geostrategic Settings, National Resources, and the Systemic Risks -- 4. The Formation of Idiosyncratic Structure of Institutions and Culture -- 5. Sustainable...

1. Introduction -- 2. Theory and Policy -- 3. The Greek Economy as a Member of the Eurozone -- 4. The Political Economy of Integrated Growth and Development in the Greek Economy -- 5. The Greek Economy in the World -- 6. The Great Macro-Social Trends -- 7. The Great Macroeconomic Trends -- 8....

This paper explores the effect of natural resource dependence on market concentration of imports. Using a new panel database for importing firms in developing and emerging market economies, the paper shows that higher natural resource dependence is associated with larger market concentration of...