The paper explores the relationship between skilled migration, investments in education and economic growth in transitional countries. The brain waste phenomenon implies that skilled immigrants work abroad in jobs for unskilled labor. Therefore their qualifications are not properly used. The...

This paper uses a dynamic general equilibrium model calibrated to Ugandan data to examine the welfare effects of alternative scenarios of government expenditure and tax financing. Two expenditure types are considered: social spending that affects human capital, and infrastructure expenditures...

We compare and contrast the economic growth performance of Croatia and Latvia since the collapse of communism in 1991 in an attempt to understand better the extent to which the growth differential between the two countries can be traced to increased efficiency in the use of capital and other...