Microeconomic flexibility, by facilitating the process of creative-destruction, is at the core of economic growth in modern market economies. The main reason for why this process is not infinitely fast is the presence of adjustment costs, some of them technological, others institutional. Chief...

Trade liberalization in Latin America has substantially altered business opportunities andeconomic development in the region. As barriers to competing inputs have come down andforeign investment in the region has gone up, small, domestic firms have struggled to stayafloat. Many small businesses...

This study investigates the interaction between corruption and foreign direct investment inflows in 23 emerging market economies during the period 2002-2014 by employing Westerlund-Durbin-Hausman (2008) cointegration test. We found that control of corruption and rule of law had no statistically...

Microcredit, or small, short-term loans to the very poor, can help to bring about wholesale changes not only in personal income and the local marketplace, but also by adding meaning to life, building self-esteem and encouraging social integration. The cash advance is only the vehicle. The...

At the end of World War II, the United States emerged as a world leader, putting into place international institutions based on its own liberal economic philosophy. Since then, the world has witnessed an increasing interconnectedness among states, with economic relationships continually blurring...

The dissertation, Repression and Network Science: Tools in Fight againstTerrorism, explores what determines post‐terror repression in democracies andwhat alternative tools network science may ultimately reveal to for compellingauthorities to rely on repression less. To do this three papers...