Economic growth is perhaps one of the most important subjects in the field of economic development. This paper overview the links between institutions, economic growth, and policy settings in developing countries based on cross-country (Asia, Latin America, and Africa), for the last two decades....

We reviewed the empirical evidence for the effect of institutions on per capita GDP growth. Although several of the literature suggested institutions are the primary cause of growth; empirical evidence is somewhat inconclusive. On one hand, it partly reflects that technical limitations -...

This paper explores the effect of political institutions on economic development via its causation of economic reforms. Focusing on the causality between political institutions – democracy, specifically – and economic reforms. After all, one way of improving society's well-being is through...

After the US dollar replaced gold, the US debt became attention worldwide, thus the demand for the US dollar continued, and furthermore the extremely low interest of the dollar. This helped the US government to borrow great amounts of debt as well as kept the creditors pleased. Due to the...

FDI is an important source of capital, technology, and skills transfer for both developing and developed economies, this paper explores the effects of three determinants of bilateral FDI, including natural barriers, the “at-the-border” barrier (regional trade agreement), and the...