The Theory of the Second Best implies that any country with less-than-ideal resources can lose from international trade. Recently it has been suggested this means the South (poor countries) are better off suppressing trade with the North, especially trade in natural resource products, since the...

Full-text of this article is not available in this e-prints service. This article was originally published in American Academy of Business, published by and copyright American Academy of Business, Cambridge.

The study aimed at identifying factors limiting the Tietê and Paraná valleys economic growth. Specifically, it analyzed the importance of the capital stocks for economic growth of these and the other counties in São Paulo State. Nine factors were generated by Principal Components Method to...

This paper investigates the determinants of fiscal decentralisation, focusing in particular on the impact of the level of income on the level of fiscal decentralisation. Various measures of fiscal decentralisation, several of them novel in this context, are employed in a cross-country...

"Starting about the late 1960s there have been increasing fears that economic growth would soon lead to the exhaustion of raw materials and, food supplies, or environmental damage of one kind or another. These fears have been accompanied by widespread appeal to the concept of sustainable...

This research seeks to identify the factors that account for the variation in development levels across nations by focusing on the institutional components of development, especially the effects of financial market development on economic and political development. I argue that financial market...

Baigiamajame magistro darbe analizuojama ekonominio vystymosi koncepcija, remiantis užsienio ir lietuvių autorių pateiktais ekonominio augimo modeliais, darnaus vystymosi teorija bei ekonominių išteklių klasifikacija. Analitinėje-tiriamojoje darbo dalyje pateikiamas Lietuvos ekonomikos...

A collection of eighteen articles have been purposely chosen to demonstrate the development of the original and significant contributions of my research over the period 1990 to 2008. Despite the relatively large number of articles, which cover a range of related issues, there is a surprisingly...

A collection of eighteen articles have been purposely chosen to demonstrate the development of the original and significant contributions of my research over the period 1990 to 2008. Despite the relatively large number of articles, which cover a range of related issues, there is a surprisingly...