An emerging economic literature over the past decade has made use of international tests of educational achievement to analyze the determinants and impacts of cognitive skills. The cross-country comparative approach provides a number of unique advantages over national studies: It can exploit...

This paper suggests a theoretical model of inclusive green growth. Paper analyses development mechanism through which natural resource capital regenerates (or at least non-degrade) and contributes to economic growth. Climate change is a threat to save natural resources which is a crucial...

In this book the author analyses three very important aspects of transition: human resources, foreign investments and financial sector. At the beginning there is an analysis of investments in human resources. It starts by definition and types of human resources, and continues with definition of...

This paper analyses inclusive growth that focuses on the creation of opportunities for all. Inclusive growth allows people to contribute to and benefit from economic growth, while pro-poor growth approaches focusing on welfare of the poor only to reduce inequality. Recently, economics literature...

We present new data documenting medieval Europe’s Commercial Revolution” using information on the establishment of markets in Germany. We use these data to test whether medieval universities played a causal role in expanding economic activity, examining the foundation of Germany’s first...

Given the decline in growth momentum in the manufacturing sector in many OECD countries, the role of knowledge-based capital has emerged as a key driver for sustained growth. While empirical studies on estimating knowledge spillovers have usually been undertaken at the country level, the...

Against the background of inconclusive evidence about the inequality–growth relation, this paper suggests that the level of inequality increases via the human capital channel with credit market imperfections and that this increasing inequality negatively affects economic growth. We expand the...

As one of the world’s most unequal societies, Brazil is often referred to as a land of contrasts: the causes of its high levels of income inequality continuously debated. When solutions are discussed, one of the more frequently recited policy prescriptions is to expand the supply of education...

Migration is a universal phenomenon. From time immemorial women and men have travelled in search of better living. Historical nomadic instinct of man had been in tune with his necessities – more endurable climate, adequate water supply, fertile land and general availability of resources have...

The purpose of the monography is to develop the methodology for analysis of socio-economic systems. To this end, we propose a holistic concept including the system of interrelated concepts and categories, exposing the underlying mechanisms, cause-and-effect relationships and regularities of...