growth as it “opens up” is contingent upon its own peculiarities …

-wealth ratio, lower growth, higher welfare, and a higher size of the public sector than in a closed economy due to the risk …

then engages in a numerical, somewhat speculative, exercise to assess the long-run growth potential ofthe transition …

This paper analyzes the growth and stabilization experience in 26 transition economies in eastern Europe, the former … an inflation stabilization program. Growth resumes after stabilization occurs, typically with a lag of about two years …. Reducing inflation thus appears to be a precondition for growth. An econometric analysis of the short-run determinants of …

A standard argument of the advocates of unrestricted capital flows is that they boost a small country’s growth by … increasing the efficiency of the allocated capital. In this paper I examine the nexus between capital flows and real growth for …

This study is an attempt to examine the impact of foreign direct investment on economic growth in Asian countries. We … direct investment and exports in the economic growth process of Asian countries under consideration. We find that both … foreign direct investment and exports enhance growth process. In addition, labour and capital also play an important role in …

This paper investigates the effect of FDI on economic growth conditional on the institutional quality of host countries … develop several arguments to show that institutional quality modulates the intensity of FDI impact on growth. Using a … threshold of institutional quality that influence the FDI growth effect. These results have significant implications for policy …