Existing cluster policies, which are being implemented in some developing countries, tend to be directive and inflexible; moreover, artificial clusterization may lead to suppression of SME in a region and to decrease in social welfare. Therefore, cluster strategy modernization is of a great...

The present paper presents key sector research for the Namibian economy, based on input–output and Social Accounting Matrix (SAM) analyzes. The analyses were derived from a Namibian SAM for the 2004 period, using 28 economic sectors. We find that mining and government services are currently...

The aim of this paper is to analyze the cause and effect relationship between economic growth and savings in advanced economies and in emerging and developing countries2. In this work we used the method based on studies in macroeconomics and international finance as well as econometric methods...