The concept of the middle income trap takes place among the frequently discussed issues in the growth literature in the last periods. There are a number of countries in the world, which cannot move to the high income economic level and which squeeze to the middle income trap. These countries...

There exists vast literature on the determinants and effects of Foreign Direct Investment (FDI). The issue has increased in importance due to strong globalization processes. Many developed and developing countries try to attract FDI to support their economic growth and development. However,...

The recent exacerbation of unemployment crisis in Nigeria stands to be a serious threat to both socio-economic stability and progress of the country just as the report from the nation's bureau of statistics shows that at least over 8.5 million people had no gainful employment at all as at the...