In the aftermath of the 2008 global financial crisis, the implications of financial liberalisation for stability and economic growth has come under increased scrutiny. One strand of literature posits a positive relationship between financial liberalisation and economic growth and development....

In this study, we investigate the role of development assistance in reducing a hypothetically negative impact of terrorism on economic growth, using a panel of 78 developing nations with data for the period 1984-2008. The empirical evidence is based on interactive Quantile regressions. Domestic,...

In this study, we investigate the role of development assistance in reducing a hypothetically negative impact of terrorism on economic growth, using a panel of 78 developing nations with data for the period 1984-2008. The empirical evidence is based on interactive Quantile regressions. Domestic,...

The paper extends Breggren et al. (2008, EE) on 'trust and growth: a shaky relationship' by incorporating recent developments in the trust-growth literature and using a robust methodological underpinning that accounts for the presence of outliers. The empirical evidence is based on 63 countries....

This paper seeks to gain insights into whether developing countries benefit more from the backwardness advantage for economic growth in the Information Age. The paper examines this concern through three complementary approaches. First, it derives theoretical grounds from the existing economic...

This study uses a new dataset to provide comparative gaps, benchmarking with best performers and policy syndromes of growth quality in 93 developing countries with data for the period 1990-2011. Sigma and Beta estimation strategies are used to provide between and within cross-country...

This study uses a new dataset to provide comparative gaps, benchmarking with best performers and policy syndromes of growth quality in 93 developing countries with data for the period 1990-2011. Sigma and Beta estimation strategies are used to provide between and within cross-country...

We model core demands for better governance (political, economic and institutional), more employment and less consumer price inflation using a methodological innovation on the complete elimination of cross-country differences in signals susceptible of sparking social revolts. The empirical...

This study complements the extant literature by assessing how the rule of law and political stability modulate tourism development dynamics (i.e. tourism receipts and tourism expenditure) to affect economic development in terms of gross domestic product (GDP) per capita. The study focuses on 47...