This article uses the database from the World Bank study, Bureaucrats in Business, to test the hypothesis central to the study and much more recent policy thinking that countries with large state sectors have a poorer than average economic performance. Two tests are conducted: one, a simple...

This article examines the de-industrialisation hypothesis in the context of recent developments in Sub-Saharan Africa (SSA). Alternative versions of de-industrialisation are considered and a methodology for testing for such effects is put forward. This involves a cross-country analysis using a...

The contrast between industrial experience in East and South East Asia and Latin America is dramatic. Whilst a first generation of newly industrialized economies in East Asia grew rapidly on the basis of manufacturing expansion, the longer-established industries of Latin America have performed...

This paper examines current industrialization in the two regions from a comparative perspective.

The article examines the contribution of financial development to poverty reduction in developing countries. Building on earlier research which has established links between financial development and economic growth, and between economic growth and poverty reduction, the article tests for a...

The role of an effective regulatory regime in promoting economic growth and development and therefore international business has generated considerable interest among researchers and practitioners in recent years. In particular, building effective regulatory structures in developing countries is...

The study is an empirical attempt to shed light on which categories of private fixed investment could be relied on to provide the greatest stimulus to economic growth. Panel data, comprising 5-year periodic data over the period 1965-90 pooled across 55 countries, are employed in estimating the...

Empirical investigation of the link between financial development and economic growth has established that finance exerts a significant and positive influence on growth. This paper extends this line of analysis by examining the contribution that financial development makes to poverty reduction...

Regulating Development examines the impact that regulation – good or bad – can have on the development of poorer societies. It opens with a succinct review of critical issues, including the implications of the spread of intellectual property rights legislation and the role of the...