The widespread acknowledgement of the centrality of micro and small businesses in the development process has led to a proliferation of projects and programs designed to assist and promote these businesses. This research examines the common assumption that access to credit from formal financial...

It is important for developing countries to enact IT policies that enable them to take advantage of the new technologies and any consequent economic development. This paper attempts to gain an understanding of how developing countries, in particular Venezuela and Nepal, could incorporate...

The relevance of the Quantity Theory of Money to Developing economies is questioned. A skeptical examination of the facts upon which the theory is based, as well as of the theory itself , reveals much weakness. Indeed, it is the evidence from the developed economies that suffices to justify...

The relevance of the Quantity Theory of Money to Developing economies is questioned. A skeptical examination of the facts upon which the theory is based, as well as of the theory itself , reveals much weakness. Indeed, it is the evidence from the developed economies that suffices to justify...

Foreign Direct Investment (FDI) has been spreading across the globe. It evolved from a trickle in history to what appears as a spectacle in the modern world. No model is yet available, beyond common sense to account for its centrality in the global process. We can now chart a generalization...

The paper examined the short- and long-run relationships between short-term external debt and economic growth in Thailand over the period 1970-2003. The ARDL-bounds test procedure to co-integration was used. Results reveal that real STED and real GDP are correlated positively and significantly...

The supply of human capital in the economy's production activities is a function of the quality and volume of education services provided at the secondary and tertiary levels in the education system. Hence, the allocation of resources by government to education is an important determinant of...

The supply of human capital in the economy's production activities is a function of the quality and volume of education services provided at the secondary and tertiary levels in the education system. Hence, the allocation of resources by government to education is an important determinant of...

This paper empirically analyzes spillover effects from foreign direct investment using the firm level panel data of Indian manufacturing during 2000-01 and 2009-10. It first estimates the productivity and efficiency of the domestic and foreign firms separately before examining the spillover...

This paper contributes to the empirical literature by investigating trade globalization and financial globalization as channels of inequality within South-East Europe and the Commonwealth of Independent States (CIS) countries from 1992 to 2007. In addition, the paper uses KOF (2010) index to...