As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive one disappear). In fact societies flourish as jobs bring together people from different ethnic and...

What is the impact of modern transportation technology on economic change in poor countries? Rail construction in colonial Africa provides a natu-ral experiment. Using new data on railroads and cities over one century within one country, Ghana, and Africa as a whole, we ï¬nd large permanent...

In the late 1990s, as economists looked back the development period in Africa since 1970s, they put forward the notion “African growth tragedy” , meaning that Africa's poor growth and resulting low income is associated with low schooling, political instability, underdeveloped financial...

This paper re-examines the relationship between FDI inflows and welfare (or poverty reduction) in Africa. Using FDI net inflows per capita and the UNDP's HDI as the principal variables, our analyses confirm the positive and strongly significant relationship between FDI net inflows and poverty...

This paper examines the relationship between FDI inflows and welfare improvement in North African countries. Using net per capita FDI inflows and the UNDP's HDI as the principal variables, our analyses confirm the positive and strongly significant relationship between net FDI inflows and welfare...

Notably, the 20th century was dominated by the legacy of devastating global wars, colonial struggles, and ideological conflicts as well as effort s to establish international systems that would foster global peace and prosperity. Yet, insecurity and corruption not only remain, they have become...

Analizamos la evolución de la disminución de la pobreza en África y Asia, con especial atención al papel de la educación en el proceso de desarrollo socio-económico. También presentamos nuestra perspectiva sobre las prioridades de la cooperación internacional para alcanzar los Objetivos...

During the second half of the 20th century Asia as a whole experienced a much higher increase in production per inhabitant than Africa, due to several factors which caused improvements in industrial development and moderation in the rates of population growth. We present a comparison, at area...

This study addresses the question of financial innovation in developing countries by focusing on the determinants of mobile banking development in Africa. Data on mobile banking across countries is partially constructed by the author, to which is applied panel data and cross-sectional...