Economic growth has traditionally been attributed to the accumulation of human and physical capital and the increased productivity arising from technological innovation. The quest to attract physical capital led to the design and implementation of policies and the building of institutions by...

In 2009, Foreign Direct Investment (FDI) flows to developed countries experienced the largest decline among all regions and sub-regions. However, South, East and Southeast Asia showed the smallest decline among developing economies and remained the largest recipient of FDI inflows. Meanwhile,...

This research seeks to study the factors that enhance or preclude owners of SMEs in Ghana in making risk management decisions. The study was conducted with managers of SMEs in four regions in Ghana. The researchers adopted a quantitative approach and employed STATA 10 and SPSS version 20 in the...

Corruption has become endemic in many African countries and is difficult to eradicate completely; therefore, reducing corruption to a tolerable level that will not deter foreign investors must be the aspiration of all political leaders and stakeholders. This study tries to identify the level of...

In this paper, we examine the causal relationship between aid inflows and economic growth for Ghana during the period from 1970 - 2013, taking into account structural breaks. To better reflect causality, corruption and trade are included as control variables. To test for causality in the face of...

This paper investigates and analyzes the long-run equilibrium relationship between the Thai stock Exchange Index (SETI) and selected macroeconomic variables using monthly time series data that cover a 20-year period from January 1990 to December 2009. The following macroeconomic variables are...