Iyer S., Kitson M. and Toh B. (2005) Social capital, economic growth and regional development, Regional Studies 39 , 1015-1040. This paper examines the relationships between social capital, economic performance and regional development, and it stresses the complexity and variability across space...

This article uses a model based on simultaneous equations to examine the relationship between foreign investment and economic growth in Chinese provinces from 1985 to 1995. Although the positive effect of such investment in promoting growth is highlighted by most empirical studies on China, the...

Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines—among other things—the macroeconomic and fiscal implications of the Free Trade Agreement with the United States (CAFTA-DR), noting that the...

In this paper we develop a two-country dynamic general equilibrium model by means of which we seek to explain the long-run paths of a converging emerging market economy. We borrow a paradigm from the New Open Economy Macroeconomics literature and amend it to address specific features such as...

The experiences of Caribbean Economic Community countries show that exchange rate depreciation in these countries is inflationary, and that, while changes in the relative prices of tradables may affect exports, tourism, and imports, nominal exchange rate changes have no predictable effect on...