Compares changes in the competitive position of six Dynamic Asian Economies (DAEs) – Singapore, Thailand, Malaysia, Korea, Taiwan and Hong Kong – exporting to the USA, Japan and the European Union (EU) between 1983 and 1995. Dynamic shift‐share methods are applied to two digit data for the...

The onset of the 1997 Asian financial crisis took the world by surprise. Its severity and the alarming speed at which it spread sent shock waves around the world. There is still no consensus as to the real causes of this catastrophe although a steep fall in export demand with exchange rates...

In the past two decades, Thailand experienced a prolonged economic boom followed by a collapse. During the boom the incidence of absolute poverty fell dramatically but relative inequality increased. The collapse of 1997 had the reverse effects. The poor became significantly worse off in an...

Purpose – The purpose of this paper is to examine the causal relationship between inward foreign direct investment (FDI) and economic growth in Southern African Development Community (SADC) countries over the period 1980-2012. It also investigates whether the causal relationship between FDI...

Zusammenfassung Die Bedeutung von Transaktionskosten für die wirtschaftliche Entwicklung war in den letzten Jahrzehnten Gegenstand zahlreicher ökonomischer Forschungsansätze. Nur ein sehr kleiner Teil davon wählte eine empirische Herangehensweise. Dieser Aufsatz beginnt mit einem kurzen...