support sustainable growth. Since export diversification takes a long time, it has to start now. We argue that the failure to …

fostering economic growth and development. This paper provides a selective review of the literature, as well as new empirical … evidence on the relationship between financial development and economic growth for a large cross-section sample of countries …. While the results indicate that the effect of financial development on growth is positive, the size of the effect varies …

that resource-rich economies tend to fail in accelerating growth, Botswana has experienced the most remarkable economic … resource abundance can contribute to growth. It finds that governance determines the extent to which the growth effects of … most important for effective natural resource management and growth. …

This paper elaborates on a number of key principles that need to underpin a coherent and development …

deficits; (ii) they run budget surpluses; (iii) the terms of trade improve; (iv) they are less open; and (v) GDP growth … declines. Monetary policy, financial development, per capita GDP, and the de jure exchange rate classification matter less …

behavior of the strong toward the weak, in preconditions for economic development. …

effect, and promote financial development. These findings hold even after factoring in the reverse causality between … remittances, poverty and financial development. The paper posits that formalizing such flows can serve as an effective access …

India has followed an idiosyncratic pattern of development, certainly compared with other fast-growing Asian economies …'s independence. Using the growth of fastmoving Indian states as a guide, we conclude that India may not revert to the pattern …