This paper examines the linkages between the development of telecommunications infrastructure (DTI), economic growth, and four key indicators of operation of a modern economy: gross capital formation, foreign direct investment inflows, urbanization rates, and trade openness. By studying the G-20...

This paper examines dynamic interactions between foreign direct investment (FDI) and economic growth using panel-data cointegration and causality tests. We present our results for 34 Eurasian countries for which previous research on this subject has not hitherto been performed. We find that that...

Empirical macroeconomists have investigated the possible link between the development of stock markets, economic growth, and inflation separately. Unlike earlier work, this paper investigates the nature of causal relations between these variables using a panel Granger causality test on a sample...

This paper examines the relationship between banking sector development, stock market development, economic growth, and four other macroeconomic variables in ASEAN countries for the period 1961–2012. Using principal component analysis for the construction of the development indices and a panel...

The Divided Economy of Mandatory Palestine. By Jacob Metzer. Cambridge: Cambridge University Press, 1998. Pp.xxii + 275. £40. ISBN 0 521 46550 8 The Political Economy of Market Reform in Jordan. By Timothy J. Piro. Lanham, MD: Rowman & Littlefield, 1998. Pp.xvi + 152. $54.00 and $19.95. ISBN 0...

Land, Labour and Livelihoods in Rural South Africa: Volume One: Western Cape. Edited by Michael Lipton, Mike de Klerk and Merle Lipton. Durban: Indicator Press, 1996. Pp.496. ISBN 1 86840 234 7 Land, Labour and Livelihoods in Rural South Africa: Volume Two: KwaZuIu-Natal and Northern Province....

Poverty, Progress and Exclusion: an Economic History of Latin America in the Twentieth Century. By Rosemary Thorp. Baltimore, MD: Johns Hopkins University Press for the Inter-American Development Bank and the European Union, 1998. Pp.xiv + 369. £20.50. ISBN 1 886938 35 0 Economic Dynamism in...

Democracy Without Equity: Failures of Reform in Brazil. By Kurt Weyland Pittsburgh, PA: University of Pittsburgh Press, 1996. Pp. xii + 293. $49.95 and $22.95. ISBN 0 8229 3924 X and 5583 0 Marketizing Education and Health in Developing Countries: Miracle or Mirage? Edited by Christopher...

Three questions regarding the relationship between untied assistance and donor country exports are investigated. First, do untied aid flows cause donor country exports to increase, reflecting the goodwill of the recipient towards the donor? Second, does strong export performance financially...