This paper undertakes a critical review of existing spillover analyses and proposes a unique analytical framework for examining technological spillovers in a manufacturing industry setting. The proposed framework overlaps three different literature strands; cluster and network dynamics,...

Globalization has played an important role in international economic relations among nations across the world. In the era of globalization, countries have realized that economic cooperation with other nations is strategically important for the growth of the economy. The international context of...

This paper uses panel data to examine the effect of foreign presence on firm level productivity in the Kenyan manufacturing industry employing "traditional" and "recent" methodologies both based on production function framework. A detailed comparative behaviour between foreign and local...

Book Review

Presentation to the Noonday Club Meeting, St. Louis - Dec. 2, 1999

This paper discusses globalization’s impact on production and distribution systems in emerging economies. On one hand, globalization has resulted in an increasing number of multinational corporations to adopt a platform strategy for their customers in emerging markets. On the other hand,...

On international markets for raw materials and food the financialisation takes a form of a greater involvement of financial investors in the transactions made in commodity markets. The activity of those investors is distinctive - they treat commodity transactions as an alternative form of assets...

The paper presents the direction of the mainstream economics paradigm shift and the evidence supporting the inadequacy of its several foundations. The author puts emphasis in particular on the aspects of financialisation in international markets and its impact on the current economic life....