Despite the increased flow of investment to developing countries in particular, Sub-Sahara African (SSA) countries, Nigeria inclusive, are still characterized by low per-capita income, high unemployment rates and low and falling growth rates of GDP, problems which foreign private investment are...

This paper reviews the experiences of a few countries in Sub-Saharan Africa that have succeeded in attracting fairly large amounts of foreign investment. The review indicates that sustained efforts to promote political and macroeconomic stability and implement essential structural reforms have...

After a period of exceptionally strong economic performance, Guyana's growth has stagnated since 1998. The paper tries to identify the factors that can explain this dramatic deterioration in economic performance. The paper first attempts to explain the decline of growth with a growth accounting...

Barro and Sala-I-Martin empirical framework of neoclassical Solow-Swan model is specified to determine the FDI impact on per capita growth in 74 Russian regions during period of 1996-2003. The Arellano-Bond GMM-DIFF methodology, developed for dynamic panel data models, is used in estimations....

This work studied the relationship between foreign private investment (FPI), capital formation and economic growth. Given the likely simultaneity between FPI, capital formation and growth, we used the two-stage least squares (2SLS) method of estimation to examine the nexus between these...

This paper investigates the relationship between cultural globalization and economic growthin case of Portuguese over the period of 1995-2008 uisng panel data. Our emoirical eivdence reveals that the initial GDP per capita is negatively correlated with economic growth. This paper shows that...

The world's two population giants (China and India) have undergone significant, and significantly different, demographic transitions since the 1950s. The demographic dividends associated with these transitions during the first three decades of this century are examined using a global economic...

Economic development is accompanied by structural change. The trade theoretic literature offers two major hypotheses – i. e., the factor-endowment and the total-factor-productivity-- for explaining the stylized facts of structural change. This note revisits these hypotheses. In particular, it...

This study estimates the internal migration in India in the Census 2011 with help of Life Table Survival Ratio (LTSR) method, when the direct information related to the migrants is not available. Abridge Life Tables of Indian States and age specific population in two successive Census 2001 and...