This study investigates the effects of aid grants on inclusive growth in 37 Sub-Saharan African countries for the period 1984-2018. Grant aid is decomposed into aid grants and technical cooperation grants. Two inclusive growth indicators are used namely: gross domestic product (GDP) per capita...

Focuses on three key criteria for fostering broadly shared economic growth: enhancing economic security, building a highly skilled work force, and reforming the tax system. Proposals include reforming unemployment insurance, improving incentives for retirement saving, building quality into each...

The experience of South Korea, India, China and Singapore reveals that developing economies can fasttrack development, leapfrog the stages of development and catch up with advanced economies by putting knowledge capital as the driver of development. If the knowledge economy is therefore a n...

This paper shows that an accelerated increase in educational attainments in many East Asian countries derives from a dramatic augmentation of working population with vocational education relative to general education. This is consistent with the recent literature, which argues that the ratio of...