Moroccan manufacturing firms generally choose to incorporate under one of two legalforms: ‘Société Anonyme’ (SA) and ‘Société À Responsibilité Limitée’ (SARL). This thesis is about that choice and its consequence for firms’ access to bank overdraft facilities.In 2001, Morocco...

Last years an acceleration of the economic convergence and technological catch-up of developing countries arised, with higher manufactured production growth rates for these countries than for industrialized countries. A wide, although inequal, diffusion

<Para ID="Par1">Approximately 1.7 billion people in Asia live in poverty today. To date, efforts to address poverty in Asia have largely focused on subsistence entrepreneurship rather than on creating ventures that empower them to break out of poverty. That is, the mechanisms that have been used, such as...</para>

A Ramsey model for a two-sector economy, comprising a labour intensive non-traded sector and a capital intensive traded sector, is used to analyse the transition following trade liberalization. Liberalization takes the form of removing a tariff wedge that benefited the non-traded sector. This...

In emerging-market economies, real exchange rate adjustment is critical for maintaining a sustainable current account position and thereby for helping to reduce macroeconomic and financial instability. The authors examine empirically two related hypotheses: (i) that real exchange rate...

This paper looks at long-term change of inter-regional human utility from medical doctors in provinces between Ottoman and Modern Turkey. Using data from the first statistical yearbook of the Ottoman Empire for dynastic period and TUIK web side for republic period and applying method is based on...

In addressing operational challenges such as poverty or economic development, many researchers and practitioners wish to build upon insights raised by Sen's capability approach and related writings. This paper argues that the comprehensive reach and foundation of the human development and...

Purpose – The paper aims to examine Martha Nussbaum's latest theorising about the capabilities approach in relation to the “causal weight” and “texture” of the anarchical condition of the international system. Design/methodology/approach – The paper provides a detailed reading of...

This study offers that entrepreneurship is consistent with and even complementary to the older and more traditional development strategies. We survey the literature on entrepreneurship in developing countries which, admittedly, is wide and covers a range of issues from culture and values;...

Over 100 million of the 1.8 billion midlife adults living on less than $15 a day are attempting to create new firms. Another 110 million are managing new ventures. This is almost half of the global total of 450 million individuals involved with 350 million start-ups and new ventures. They are...