This paper investigates the relationship between external debt and energy access in the Sub-Saharan African countries over the period 1999-2021. Results from the dynamic panel threshold method indicates that the link between external debt and energy access is nonlinear. Moreover, the findings...

This study employed an innovative spatial econometrics approach to analyze the spillover effects of foreign public debt and foreign direct investment (FDI) on regional economic growth dynamics of Eastern Africa. Specifically, we utilize Spatial Durbin Fixed Effect (SDM-FE) Model, drawing on...

This paper investigates whether bank credit extended to the non-financial private business sector may be boosting regional economic growth in Mexico. For this purpose, a panel of annual data by state for the period 2005-2018 was constructed and dynamic model estimations were carried out using...

The evidence suggests that resource-rich countries tend to exhibit a relatively constant level of economic complexity, with limited progress. To investigate the underlying causes of this phenomenon, we employed a Pooled Mean Group (PMG) model using data from the top 20 resource-rich economies...

Globalization, as a process of world market integration, offers the possibility of economic growth. Therefore, the aim of the paper is to determine the long-term and short-term effects of economic, social, and political globalization on economic growth within Western Balkan countries...

Despite their significant resource potential, Central Asian countries face acute challenges in realizing their investment potential due to socio-economic issues, an unfavourable investment climate, and regional tensions. The research aims to analyse Kazakhstan's leading economic growth in...

This paper sheds light on regional recovery prospects from the coronavirus disease 2019 (COVID-19) crisis by examining the link between gross rates of establishment openings and closures and local economic growth spanning the 2001 recession and the 2007-2009 global financial crisis (GFC)....