Policy ambiguity in the form of non-directional and non-purposeful use of state resources has made sustainable growth … sustainable economic growth in Nigeria. This paper examines the validity or otherwise of Wagner's theory in Nigeria for the … expenditure in order to realise sustainable growth in Nigeria. …

-term perspective, it improves the understanding of the links between output growth and public finances sustainability. Over a medium …

This paper investigates the impact of long-run government expenditure and economic growth in different states in South … Africa. Economic growth has been below the policy target of 5% stipulated in the National Development Plan Vision 2030, while … government expenditure growth has been volatile but increasing at a decreasing rate. The paper uses the Vector-error correction …

institutions, natural resource rents cease to have a negative impact on long-term growth. Institutions in resource-based economies … foster economic growth when voice and accountability are in place; broad-based rule of law is enforced with secure property …

The purpose of the paper is to examine the direct and indirect links between democracy and economic growth. To do so …–2013. This study focuses on two particular channels through which democracy affects growth, namely FDI inflows and public … consumption expenditure. The results show that there is no clear relationship between democracy and economic growth in the Arab …

The purpose of the paper is to examine the direct and indirect links between democracy and economic growth. To do so …-2013. This study focuses on two particular channels through which democracy affects growth, namely FDI inflows and public … consumption expenditure. The results show that there is no clear relationship between democracy and economic growth in the Arab …

macroeconomic imbalances, high inflation, low growth, as well as low-quality public policies. When redistributive efforts are short … that reduce growth and thwart poverty reduction efforts. The argument of this paper is that there are various possible …

Can a growing welfare state induce a regime switch in the growth rate of an economy? This paper constructs a dynamic … political economy model of economic growth and the welfare state in which both variables are non-linearly related and jointly … endogenous. Using a Markov switching framework over the period 1950-2001, we find that the structural decline in growth rates …

This paper seeks to identify the most promising fiscal strategy to boost long-term economic growth in Argentina and … quantify its effects. To this end, the authors updated a growth-diagnostics study for Argentina and corroborated that low … improved appropriability and long-term growth. …