After the break-up of the Soviet Union, Uzbekistan`s output fell less than in any other former Soviet Republic, and growth turned positive in 1996/97. Given the country`s hesitant and idiosyncratic approach to reforms, this record has suprised many observers. This paper first shows that a...

Companies frequently engage in myopic marketing practices to achieve short term reporting goals. This paper analyzes the effect of Chinese import competition on myopic marketing practices of US manufacturing firms by leveraging cross-industry variation in import exposure. Rising import exposure...

This study focuses on the economic, ethical and cultural effects of international outsourcing, particularly in India. Outsourcing has been castigated in the press for being a domestic job killer in the US. But such a conclusion is one-sided because it only looks at the job-loss side of the coin....

This article investigates the link between trade liberalization and the job matching process in India. The aggregate matching function in India is estimated by incorporating the trade openness as a proxy for trade liberalization. The monthly data are drawn from Employment Exchange in India, the...

Empirical studies emphasising supply factors argue that poor countries as a whole show a catching up tendency of rich countries as a whole. We offer a demand side SAM model to highlight the convergence in economic growth. The model predicts, after adjusting for peculiarities of economic systems,...

This study aims to explore the relationship between economic growth, financial innovation, and stock market development of Bangladesh for the period 1980–2016. To investigate long-run cointegration, this study used the autoregressive distributed lagged (ARDL) bounds testing approach. In...

Current projections envision Asia’s emerging economies becoming the largest economic group in the world in the next two decades. Yet many observers warn that Asia's growth processes are unsustainable and could be headed for the “middle income trap.” This paper examines past growth engines...

Political stability is an important precondition for economic development. While political stability cannot be created by laws alone, an effective legal framework for political governance, such as a constitution, can facilitate political stability. It is noted that political stability is not...

This paper investigates the nexus between financial sector development and economic growth in the Saudi economy over the period 1970-2012 by using four alternative proxies for financial development and several techniques including unit root tests, the co-integration test, the Granger Causality...