New Europe has never had it so good. Its income, quality of life and level of happiness have never been closer to that of the developed countries in Western Europe. With its per capita income at an all-time high and the quality of life almost indistinguishable from developed countries, the...

In this paper we study the state's role in the modernization and urban transformation in Buenos Aires in the period 1850-1910. This transformation was connected with the economic movements of the second half of the nineteenth century. It was a modernizing movement, a radical alteration of the...

This paper examines the trajectory of economic development in Botswana between the years 1820 and 1966, when it achieved independence. First, I review the historical trends in the country’s economic and social development indicators. I then proceed to analyze what factors have encouraged or...

This working paper presents analysis about long-term trend in economic growth by examining per-capita GDP in Germany for the years 1870-1989. It supports explanation for economic growth by way of a single, deterministic trend in market-centered economies, when holding non-economic features...

The concept of club convergence has been widely used in empirical analysis to group countries in clubs with similar development paths. However, there is no unified agreement on how to identify the clubs in the first place. In this paper, I argue that economic history can guide us to identify...

A positive economic growth is one crucial macroeconomic objective of every nation. Many countries have formed regional as well as international trading blocs in an attempt to enhance economic growth and maximise welfare of each member state, the AFTZ member states are not an exception. This...

The purpose of this paper is to test whether institutional governance and its performance is a main driving force to achieve a positive relationship between natural resources and economic growth in the long run. The main objective is to ascertain what kind of institutional governance would be...

Exploring the short-run and long-run relationships between consumption of various sources of non-renewable energy, economic growth and carbon dioxide (CO2) emissions would be considered as a golden key to provide rational energy policies of Iran in the post sanctions era. The aim of this paper...

I investigate the relationship between university rankings and economic growth and found that the relationship is statistically significant. The more the number of universities that a country has in international university rankings, the higher its GDP per capita. What is more surprising is...