This brief paper updates the factual information provided in an earlier paper of the author “Fifty years of Malaysian economic development: policies and achievements” of 2007 and modifies its argument at several places.

We explore education's role in improving the allocation of labor between China's agricultural and nonagricultural sectors and measure the portion of China's recent growth attributable to this channel. Using detailed micro-level data and an empirical model that allows for the endogenous selection...

This paper looks at both the theoretical and empirical literature on capital controls and finds that capital controls can play an important role in developing countries by helping to insulate them from some of the harmful effects of volatile and short-term capital flows. The authors look at...

This paper analyzes the experience of the major Latin American countries including Argentina, Brazil, Mexico, Colombia, Chile, Peru and others in the post-World-War period, up to the crisis caused by the collapse of the U.S. housing bubble. The authors provide a detailed historical analysis that...

Az ország fejlettségi szintjéhez képest a magyarok kirívóan elégedetlenek az életükkel. Eközben Ausztria, mellyel sok a kulturális és történelmi hasonlóság, az elégedettségi listák élmezőnyéhez tartozik. Magyar és osztrák háztartási szintű adatokon becsülve a...

In 2008, an opposition coalition defeated the Paraguayan Colorado Party, which had been in power for 61 years, including 35 years of the longest dictatorship in South America. Using data of all the public procurement transactions from 2004 through 2011 and the political connections of the 700...

The purpose of this article is to analyze from the perspective of the game-theoretical lenses the most adequate way(s) to interact for two actors: the European Union and the Black Sea region (seen as unitary player and at individual states’ level). An important element lies in the fact that...

One of the most intriguing aspects of the recent empirical literature on FDI-related spillover effects is the increasing identification of mixed results. A few studies, particularly in advanced countries have found positive effects; however, a more common scenario in recent studies is the...

The study analyzes the inter-district variations in levels of income and human development in Tamal Nadu in recent years. It also tries to analyze the causes of the relatively low levels of income of some districts. For that purpose, it uses the district level data on per capita income and other...

In this study we use data envelopment analysis to calculate relative efficiency indices of states with regard to the use of research and development (R&D) funds. Then we use regression analysis to explore the contributing factors to the observed efficiency differences. Our estimates indicate...