This book integrates the concept of financial intermediaries with Post-Keynesian macroeconomic modeling to discuss the relationship between financial markets and systems and macroeconomic development by discussing key macroeconomic variables such as investment, savings, and productivity growth.

The objective of this paper is to examine whether foreign direct investments (FDI) in extractive sector enhances growth, using data from seven MENA oil producing countries; namely Bahrain, Kuwait, Oman, Qatar, United Arab Emirates, Saudi Arabia and Iran over the period 1980 to 2004. We employ...

This paper examines the effect of extractive FDI and trade on economic growth in Nigeria, using the bounds testing technique in autoregressive distributed lag model framework (ARDL) due to Pesaran et al., (1996, 2001) between the period 1970 and 2003. The results show that extractive FDI has...