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failures. Policy makers should improve access to and quality of health, education, and other social services. This means better …There are significant income and nonincome development gaps around the world. Closing these gaps will require not only … increasing and sustaining economic growth in low-income regions, but also policies that close nonincome development gaps directly …
Persistent link: https://www.econbiz.de/10008658813
institutional infrastructure (e.g., population and education policy). Thus we discover infrastructure of the market economy to …Infrastructure is the economic growth theory of the market economy. The missing comprehensive approach to … infrastructure corresponds to the practiced neglect of the long-term policy objective of economic growth in the economic order of the …
Persistent link: https://www.econbiz.de/10003867978
developing countries, with profound consequences for the development prospects in these countries, but also for global … comparative development. The evidence presented here suggests that long-run development dynamics have potentially important …
Persistent link: https://www.econbiz.de/10011537253
developing countries, with profound consequences for the development prospects in these countries, but also for global … comparative development. The evidence presented here suggests that long-run development dynamics have potentially important …
Persistent link: https://www.econbiz.de/10012982607
regional levels. The study used annual secondary data of fifty three (53) African countries sourced from the World Development … growth of Africa while fertility has a negative impact on economic growth of Africa. The paper concludes and recommends that …
Persistent link: https://www.econbiz.de/10014108281
Persistent link: https://www.econbiz.de/10013502403
-industrial economic conditions. We hypothesize that if these countries are arrayed on a continuum of pre-industrial development such as … measurable on the basis of formal education only. …
Persistent link: https://www.econbiz.de/10010420247
-industrial economic conditions. We hypothesize that if these countries are arrayed on a continuum of pre-industrial development such as … measurable on the basis of formal education only. …
Persistent link: https://www.econbiz.de/10011504438
We assemble more pieces on the puzzle of the aid-corruption nexus. In essence, we extend the debate on the effect of foreign aid on corruption by providing evidence on dynamic effects of wealth, legal origin, religious-domination, regional proximity, openness to sea, natural resources and...
Persistent link: https://www.econbiz.de/10011408498
The paper provides theoretical and empirical justifications for the instrumentality of foreign aid in stimulating private investment and fixed capital formation through fiscal policy mechanisms. We propose an endogenous growth theory based on an extension of Barro (1990) by postulating that the...
Persistent link: https://www.econbiz.de/10011409169