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In this article, an updated approach to investigate the effects of demographic fac- tors on economic growth is proposed. The initial hypothesis was that these factors significantly affected production proportions, determining development vectors. The predictable shifts in production dynamics are...
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It is attempted to explore the role of change in age-structure and human capital in economic growth of developing countries. A disaggregated panel analysis of 67 developing economies across regions and income groups over the time period of 1960-2014 is conducted. Difference Generalized Method of...
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We examine the importance of total factor productivity (TFP) growth in middle-income countries based on cross-country panel data for the period 1975-2014. We find that TFP growth contributed significantly to a country’s upward transition from middle-income to high-income country group. The TFP...
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This chapter begins with the dimensions of the poverty problem in developing countries, and then deals with conceptual and measurement issues. It next discusses the nature, characteristics and correlates of rural and urban poverty. It looks into the issue of gender and poverty, then turns to the...
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Military expenditure in developing countries raises complex questions regarding growth, development, security and governance. This chapter provides an analytical survey of the effects and causes of defense spending in developing economies. Using stylized facts, theoretical models and empirical...
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