Estimations of the shadow economies for 145 countries, including developing, transition and highly developed OECD economies over 1999 to 2003 are presented. The average size of the shadow economy (as a percent of "official" GDP) in 2002/03 in 96 developing countries is 38.7%, in 28 transition...

This paper estimated models for GDP growth rates, poverty levels and inequality measures for the period 1990-2000 using data on 54 developing countries at 5-yearly intervals. Issues of globalization were investigated by analyzing the differential effects of exports and imports of countries and...

Long term trends in happiness and income are not related; short term fluctuations in happiness and income are positively associated. Evidence for this is found in time series data for developed countries, transition countries, and less developed countries, whether analyzed separately or pooled....

Empirical studies emphasising supply factors argue that poor countries as a whole show a catching up tendency of rich countries as a whole. We offer a demand side SAM model to highlight the convergence in economic growth. The model predicts, after adjusting for peculiarities of economic systems,...

The paper introduces the social accounting matrix, SAM, and treats the conversion of the SAM into an economy wide model that employs fixed relative prices and clears market imbalances via flexible quantities. The paper reviews multiplier results relating to the trade-off between economic growth...

In this monograph we discuss about renewable energy from economics perspective. How developing countries struggling to promote renewable energy initiatives. Prior to this analysis we introduce how economics contribute into clean energy growth path. In addition we depict how renewable energy...

The surge of government debt during the post-global financial crisis and the ongoing euro zone sovereign debt crisis has begun raising concerns whether government debt levels have hit the tipping points. This study offers to contribute in the following ways: First, we find out whether the...

The positive changes in the rates of innovation performance for the EU-27, according to the Innovation Union Scoreboard (IUS), show that the annual average growth rates of the leading countries - Sweden, Denmark, Finland, and Germany - have significantly decreased during the post-crisis period...

Over the past three decades, there has been a rapid expansion of processed food exports in developing countries, replacing traditional agriculture exports such as coffee and tea. However, this development and its policy implications have received little attention in the literature. This paper...

Developing countries are finding that maintaining adequate Information Technology (IT) policies is still a challenge if they aim to their socio-economic development. This paper will explore the argument that some developing countries could benefit from a systems’ view approach to policy that...