This paper examines the impact of globalization on income inequality for a cross-section of 62 developing countries over a period of 17 years (1985-2001). The results of the study indicate that globalization explains only 15% of the variance in income inequality. More specifically, the results...

The study analyzes the impact of foreign direct investment (FDI) and domestic investment (DI) on economic growth in Sub-Saharan Africa for the period 1990-2003. The results show that DI is positive and significantly correlated with economic growth in both the OLS and fixed effects estimation,...

Few studies have examined the determinants of privatization in Sub-Saharan Africa. This study examined the macroeconomic, political, and institutional factors that drive the privatization process in Sub-Saharan Africa. Copyright (c) 2008 by the Southwestern Social Science Association.

The study examined the impact of privatization on economic growth and income inequality in 82 developing countries between 1991 and 2002. Using the least squares dummy variable (LSDV) approach, we found that privatization did not have a significant impact on both economic growth and income...

Economic theory predicts a growth enhancing activities of various core functions of government. Nonetheless, government spending in non-democratic countries often goes beyond these core functions, namely into rent-seeking and non-productive activities. This paper employs the Autoregressive...