The evaluation of economic development level is commonly measured by the growth rate of GDP. However, this single-dimensional measurement may cause potential issue to investigate sustainable economic development and growth model. An alternative framework is introduced to economic development...

Overview -- Overlapping-Generations Model of Economic Growth -- Fiscal Policy -- Schooling and Fertility -- A Complete One-Sector Neoclassical Growth Model -- Two Sector Growth Models -- Wage and Fertility Gaps in Dual Economies -- Physical Capital in Dual Economies -- A Complete Dual Economy --...

This paper develops an empirically-relevant framework (a) to examine whether or not the African business environment hinders or promotes the knowledge economy (KE), (b) to determine how the KE which emerges from such an environment affects economic growth, and (c) how growth in turn relates to...

The movement of many Arab countries toward knowledge-based economic development requires the transition to more effective skills formation systems. This paper proposes an institutionalist approach to national skills development systems in the advancement toward knowledge-based economic...