Investors all too often assign a uniform broad - brush risk rating to Sub-Saharan Africa. Yet, with over 40 nations and a landmass nearly twice that of Europe, there is clearly reason to suggest risk - return in Sub-Saharan Africa is unique across countries and specific to local experiences. In...

This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take into account that participation in higher education is non-compulsory and depends on individual choice. Integration increases (decreases) the incentives to participate in higher...

In this paper we examine the effect of Foreign Direct Investment (FDI) on international variation in Total Factor Productivity (TFP) growth rates. In particular, we investigate whether a country's initial distance from technology frontier influences the degree to which a country can benefit from...

This paper analyzes the factors associated with economic growth in Myanmar by extending the Trade-FDI-led growth model with human capital and financial development through a Vector Error Correction Model (VECM). Vector Error Correction Model is a form of Vector Autoregressive, which has...

At the least, this book summarizes and reconsiders many of the arguments and findings that supported and explained the economic “miracles” of the four East Asian economies of the Hong Kong Special Administrative Region of People's Republic of China (Hong Kong), Singapore, Chinese Taipei...

Marathi Abstract: मुक्त आर्थिक धोरणांच्या माध्यमातून विदेशी मदती शिवाय देशाचा विकास होवू शकत नाही अशी समज जनमानसात...

Using a preliminary investigation and analysis on the latest data on GDP (Gross Domestic Product) performance, GOI (Global Opportunity Index), Vulnerability Score, Readiness Score, and the number of resources of economic importance, exploratory or preliminary SEM (structural equation modelling)...

The relationship between foreign direct investment and economic growth is a relationship that has long been studied in the economic literature, of particular importance for the economic and social development of any nation. The main objective of this paper is to analyze the scientific output in...

Economic theory proposes that FDI is one of the primary driving forces for stimulating growth (Barro and Sala-i-Martin, 1995). Researchers still debate whether the interpretation of the direct effect of FDI on economic growth is inconclusive, whereas the significance of the absorptive capacity...

Promotion of foreign direct investment (FDI) and trade liberalization on both global and regional levels has been considered to be beneficial for the economic development of developing countries. Current WTO rules support regional trade liberalization and prohibit certain trade-related...