This discussion paper examines in its first part, the role of private investment in economic growth. While theoretical growth models developed in the economics literature, make no distinction between private, and public components of investment, there is an emerging appreciation that private...

Thee worldwide development of information and communication technology (ICT) has accelerated dramatically over the past decade. Increased ICT production and use has the potential to influence economic growth positively. This paper focuses on the linkage between ICT and output growth and...

Modern psychology confirms that in order to adapt to the demands of a changing, sometimes hostile environment, and organisms must be able to profit from past experience. Therefore the textbook definition of learning is in three parts: (i) to find out how the operating environment works; (ii) to...