This study utilizes panel data from 14 provinces of Kazakhstan and investigates the link between the point-source resources (oil and gas) and economic growth via institutional quality. Labour force migration from manufacturing to non-traded sector occurs as a result of wage increase in the...

Over recent years, agriculture – if we choose to look at available data prior to their adjustment based on the results of the All-Russia Agricultural Census – has been growing at a sufficiently high rate: in 2013 – by 5.8 percent, in 2014 – by 3.5, in 2015 – by 2.6, in 2016 – by 4.8,...

In 2016, record-high yields of grain, including wheat, maize, sunflower, soya and sugar-beet were received. A new record in poultry meat production was set. Despite economic recession, gross agricultural output has been growing in the past few years. Such results are attributed by many experts...

Six years after enactment, the African Growth and Opportunity Act (AGOA) remains the cornerstone of U.S. economic policy toward sub-Saharan Africa. Has AGOA fulfilled its promise to serve as a catalyst for African economic development? The author examines the legislative history that led to...

Empirical evidence suggests that economies well endowed with natural resources relative to other factors of production have grown slower than other economies over the long term. This paper explores why that might be so and whether their fortunes might be changing with the increasing demand for...

This study takes a comprehensive look at the overall flexibility of regulatory governance in Korea, including the design, implementation, and monitoring of the many issues surrounding regulatory reform that stand in the way of innovation growth. Based on the findings of the analysis, the paper...

In a sample of sixty less developed countries, the present study observes that the regulation of competition in the production sector has a favourable effect on the growth of aggregate output, manufacturing value-added and fixed capital formation. The regulation of competition in the banking...

International law has been subject to so much well-deserved criticism, and yet remains a compelling moral language for issues of global justice. It has an aspirational, or utopian dimension, in which law bears an enduring relation to an idea of justice. And yet attempts to call on the promise of...

Rule of Law rhetoric is all around us — in the business press, in the programs and publications of the World Bank, International Monetary Fund (IMF) and Asian Development Bank (ADB), in bilateral development assistance projects, and even in US-China diplomatic dialogue. Notably, however, the...