ENGLISH ABSTRACT: It is a fact that development aid represents the single most important source of external finance for most developing countries. This study sought to answer an important question relating to whether aid has a positive impact on economic growth or not. There is much literature...

The purpose of this thesis is to examine the impact of International Monetary Fund (IMF) loans since the adoption of the governance mandate on overall government capability. The study will explore whether the presence of IMF loans in developing countries enhances state capacity. Administrative...

This book focuses on the stabilization and growth problems of Ireland, an archetypal peripheral member of the EC. In part I, a supply-side neo-Keynesian macro-econometric model is developed, which captures the stylised features of the economy: high dependence on multinational FDI; an open labour...

Per daugelį Europos integracijos ir plėtros metų Europos Sąjunga išsivystė į heterogonišką valstybių grupę, kurioms būdingi dideli regioniniai skirtumai. Išryškėję regionų ekonominio išsivystymo skirtumai tiek pačiose valstybėse narėse, tiek tarp valstybių narių,...

We model EU countries? bank ratings using financial variables and allowing for intercept and slope heterogeneity. We find that country-specific factors (in the form of heterogeneous intercepts) are a crucial determinant of ratings. Whilst ?new? EU countries typically have lower ratings than...